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SMM Price Outlook for Base Metals on SHFE (Sept. 18, 2017)

iconSep 18, 2017 09:16
On last Friday’s night trading, base metals showed signs of rallying, and inventory will likely play an important role in the price trend.

SHANGHAI, Sept. 18 (SMM) – On last Friday’s night trading, base metals showed signs of rallying, and inventory will likely play an important role in the price trend.

Product

Price Range

Copper

49,900-50,450

Aluminum

16,150-16,450

Lead

19,800-20,150

Zinc

24,550-25,000

Tin

142,000-144,000

Nickel

87,200-88,400

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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