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

Published: Aug 25, 2017 09:11

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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

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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 communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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