SMM Price Outlook for Base Metals on SHFE (Sept. 5, 2017)

Published: Sep 5, 2017 09:14

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On Monday’s night trading, base metals were mixed, with LME market slightly stronger than SHFE market. Price divergence is expected to be continuing at highs.

SHANGHAI, Sept. 5 (SMM) – On Monday’s night trading, base metals were mixed, with LME market slightly stronger than SHFE market. Price divergence is expected to be continuing at highs.

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

Product	Price Range
Copper	53,000-53,450
Aluminum	16,500-16,700
Lead	19,400-19,650
Zinc	25,900-26,350
Tin	146,500-148,500
Nickel	96,000-97,000

Unit: yuan/tonne

Source: SMM

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

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