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SMM Weekly Price Outlook for Base Metals on LME and SHFE (Sept. 11-15, 2017)

iconSep 13, 2017 09:45
Source:SMM
Base metals advanced early last week, but tumbled in late week. This week, prices are expected to fall initially and then rise.

SHANGHAI, Sept. 13 (SMM) - Base metals advanced early last week, but tumbled in late week. This week, prices are expected to fall initially and then rise.

 

LME 3-M (USD/mt)

SHFE 3-M (RMB/mt)

Copper

6,700-6,870

51,000-52,500

Aluminum

2,065-2,115

15,600-16,200

Zinc

3,050-3,150

24,000-25,000

Lead

2,260-2,330

18,500-19,050

Tin

20,500-20,900

143,000-146,500

Nickel

11,750-12,300

91,500-96,000

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