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SMM Price Outlook for Base Metals on SHFE (Sept. 15, 2017)
Sep 15, 2017 09:09Source: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.
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
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