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SMM Price Outlook for Base Metals on SHFE (Sept. 4, 2017)
Sep 4,2017 09:15CST
industry news
Source:SMM
On last Friday’s night trading, the dollar advanced after falling first, and base metals registered the big gains, with SHFE aluminum and nickel hitting recent highs.

SHANGHAI, Sept. 4 (SMM) – On last Friday’s night trading, the dollar advanced after falling first, and base metals registered the big gains, with SHFE aluminum and nickel hitting recent highs. Base metals are expected to hover at highs before the 19th CPC National Congress in October.

 

Product

Price Range

Copper

52,800-53,250

Aluminum

16,700-17,000

Lead

19,400-19,700

Zinc

26,000-26,450

Tin

147,000-148,500

Nickel

95,500-96,300

Unit: yuan/tonne

Source: SMM

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