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SMM Price Outlook for Base Metals on SHFE (Aug. 29, 2017)
Aug 29, 2017 09:13Source: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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