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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (Sept. 15, 2017)

SMM Price Outlook for Base Metals on SHFE (Sept. 15, 2017)

iconSep 15, 2017 09:09
The surge in inventories and China’s disappointing economic data dented market sentiment. If inventories keep growing, market sentiment in base metals market will hardly improve.

SHANGHAI, Sept. 15 (SMM) – The surge in inventories and China’s disappointing economic data dented market sentiment. If inventories keep growing, market sentiment in base metals market will hardly improve.

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

Product

Price Range

Copper

50,200-50,600

Aluminum

16,400-16,600

Lead

19,800-20,000

Zinc

24,500-24,900

Tin

144,000-146,000

Nickel

88,500-89,500

Unit: yuan/tonne

Source: SMM

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

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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.

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

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