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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (Aug. 29, 2017)

SMM Price Outlook for Base Metals on SHFE (Aug. 29, 2017)

iconAug 29, 2017 09:13
Source:SMM
On Monday’s night trading, SHFE base metals mostly closed higher, with SHFE nickel leading gains up by nearly 2 per cent, and SHFE copper hitting a new high.

SHANGHAI, Aug. 29 (SMM) – On Monday’s night trading, SHFE base metals mostly closed higher, with SHFE nickel leading gains up by nearly 2 per cent, and SHFE copper hitting a new high. Prices are expected to keep fluctuating in the short term.

 

Product

Price Range

Copper

52,400-52,900

Aluminum

16,350-16,600

Lead

18,900-19,450

Zinc

25,550-26,000

Tin

143,000-145,000

Nickel

94,500-95,500

Unit: yuan/tonne

Source: SMM

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