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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (Aug. 30, 2017)

SMM Price Outlook for Base Metals on SHFE (Aug. 30, 2017)

iconAug 30, 2017 09:11
Source:SMM
On Tuesday’s night trading, SHFE base metals mostly finished lower, except lead, and in the short run, SHFE base metals are expected to hover at highs, with price divergence to be continuing.

SHANGHAI, Aug. 30 (SMM) – On Tuesday’s night trading, SHFE base metals mostly finished lower, except lead, and in the short run, SHFE base metals are expected to hover at highs, with price divergence to be continuing.

On Wednesday, eyes should be on the impact on dollar from US’s key economic data results.

 

Product

Price Range

Copper

52,500-52,950

Aluminum

16,200-16,550

Lead

19,200-19,550

Zinc

25,300-25,750

Tin

143,000-145,200

Nickel

92,800-93,800

Unit: yuan/tonne

Source: SMM

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