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

iconSep 5, 2017 09:14
Source: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.

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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