Markets News

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / SMM Price Outlook for Base Metals on SHFE (Aug. 24, 2017)

SMM Price Outlook for Base Metals on SHFE (Aug. 24, 2017)

Aug 24, 2017 09:40

Source:SMM

On Wednesday’s night trading, aluminum and nickel led price gains in base metals market, and price divergence is expected to be continuing.

SHANGHAI, Aug. 24 (SMM) – On Wednesday’s night trading, aluminum and nickel led price gains in base metals market, and price divergence is expected to be continuing.

SMM Weekly Price Outlook for Base Metals on LME and SHFE (Aug. 21-25, 2017)

Product	Price Range
Copper	51,400-51,900
Aluminum	16,550-16,850
Lead	19,300-19,600
Zinc	25,710-26,160
Tin	143,000-145,000
Nickel	94,000-95,800

Unit: yuan/tonne

Source: SMM

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

base metals

base metal prices

base metal price forecast

For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Chinese customs released the import and export data on refined copper, primary aluminum, and other base metals in January 2018.

Feb 26, 2018 09:39

Analysis

Data: China's base metals import, export in Jan

SMM Price Outlook for Base Metals on SHFE (Apr. 20, 2017)

Base metals overnight largely closed higher, but the struggles between longs and shorts remain intense. On Thursday, the market expected to show range-bound trading.

Apr 20, 2017 09:07

SMM Insight Industry

SMM Price Outlook for Base Metals on SHFE (Apr. 20, 2017)

SMM Price Outlook for Base Metals on SHFE (Apr. 18, 2017)

LME market will reopen on Tuesday, and eyes should be price support at lows on Tuesday, both on the LME and SHFE market.

Apr 18, 2017 09:11

SMM Insight Industry

SMM Price Outlook for Base Metals on SHFE (Apr. 18, 2017)

SMM Price Outlook for Base Metals on SHFE (Apr. 17, 2017)

LME market will remain closed on Monday for the Easter, and base metals, after staging volatile movements last Friday, are expected to keep diverging on Monday.

Apr 17, 2017 09:14

SMM Insight Industry

CME Group reports a record first-quarter Metals ADV of 512,000 contracts

CME Group has reported that March 2017 average daily volume (ADV) reached 16.9 million contracts, up 18 percent from a March 2016.

Apr 5, 2017 09:44

Industry

CME Group reports a record first-quarter Metals ADV of 512,000 contracts

SMM Weekly Price Outlook for Base Metals on LME and SHFE (Apr. 3-7, 2017)

In the coming week, SHFE will see a shorter trading week for the 2017 Chinese Qingming Festival from Apr. 2-4.

Apr 1, 2017 18:20

SMM Insight Industry

Key Macroeconomic Indicators for Base Metal Prices (2016-8-29)

US Fed Chair Janet Yellen voiced optimism about the economy and an expectation that interest rate hikes are ahead.

Aug 29, 2016 09:32

SMM Comments

Key Macroeconomic Indicators for Base Metal Prices (2016-8-26)

Market will eye US Fed Chairwoman’s speech, US Q2 GDP and August University of Michigan’s consumer confidence index today.

Aug 26, 2016 09:34

SMM Comments

Key Macroeconomic Indicators for Base Metal Prices (2016-8-22)

Annual meeting of central bankers in Jackson Hole and crude oil prices will come under the spotlight this week.

Aug 22, 2016 09:20

SMM Comments

China Base Metal Output Data in July, SMM Exclusive Data

SMM surveys major producers in China’s base metal market every month to get first-hand production data, and the following table shows latest output data for July.

Aug 11, 2016 10:12

Industry

SMM Events & Webinars

All

Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  NET ZERO MEA is the premier leadership summit of solar, energy storage, and renewable energy sectors in the Mid-East.
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China
Apr
16
- CLNB 2025 New Energy Industry Chain Expo
  Apr 16 - 18,2025
  Suzhou International Expo Center, Jiangsu, China

SMM Price Outlook for Base Metals on SHFE (Aug. 24, 2017)

SMM Events & Webinars

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo

CLNB 2025 New Energy Industry Chain Expo