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

iconAug 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

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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