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Home / Metal News / SMM Weekly Price Outlook for Base Metals on LME and SHFE (Sept. 4-8, 2017)

SMM Weekly Price Outlook for Base Metals on LME and SHFE (Sept. 4-8, 2017)

iconSep 4, 2017 13:37
Source:SMM
Last week, domestic commodity market remained strong, but diverged. A traditionally peak demand season of September and October is coming, growing market expectations over downstream consumption.

SHANGHAI, Sept. 4 (SMM) – Last week, domestic commodity market remained strong, but diverged. A traditionally peak demand season of September and October is coming, growing market expectations over downstream consumption. Base metals will remain bullish after brief corrections.

 

LME 3-M (USD/mt)

SHFE 3-M (RMB/mt)

Copper

6,750-6,900

52,400-53,400

Aluminum

2,120-2,180

16,500-17,000

Zinc

3,080-3,180

25,400-26,400

Lead

2,350-2,450

19,300-19,650

Tin

20,000-20,900

145,000-148,500

Nickel

11,300-11,850

91,500-94,800

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

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