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SMM Price Outlook for Base Metals on SHFE (Aug. 25, 2017)
Aug 25, 2017 09:11Source:SMM
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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