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SMM Price Outlook for Base Metals on SHFE (Sept. 12, 2017)

iconSep 12, 2017 09:05
On Monday’s night trading, base metals extended rallies, and eyes should be on price support at the 40-day moving average.

SHANGHAI, Sept. 12 (SMM) – On Monday’s night trading, base metals extended rallies, and eyes should be on price support at the 40-day moving average.

 

Product

Price Range

Copper

51,650-52,100

Aluminum

16,500-16,700

Lead

18,800-19,100

Zinc

24,820-25,250

Tin

144,000-146,000

Nickel

92,000-93,000

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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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