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

Sep 4, 2017 13:37

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.

base metals

base metal prices

base metal price forecast

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

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

SMM Events & Webinars

NET ZERO CHINA Field Trip

2025 ASIA BATTERY MATERIAL COOPERATION SALON

SMM LME Metals Seminar 2025