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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (Aug. 25, 2017)

SMM Price Outlook for Base Metals on SHFE (Aug. 25, 2017)

iconAug 25, 2017 09:11
On Thursday’s night trading, base metals were split, and SHFE copper, hitting a new high since August 2013, outperformed others.

SHANGHAI, Aug. 25 (SMM) – On Thursday’s night trading, base metals were split, and SHFE copper, hitting a new high since August 2013, outperformed others. Price divergence is expected to be continuing on Friday.

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

Product

Price Range

Copper

52,200-52,700

Aluminum

16,500-16,750

Lead

19,200-19,400

Zinc

25,740-26,150

Tin

143,500-145,000

Nickel

93,500-95,000

Unit: yuan/tonne

Source: SMM

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

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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.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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