SMM Price Outlook for Base Metals on SHFE (Sept. 22, 2017)

Published: Sep 22, 2017 09:19
On Thursday’s night trading, base metals fell across the board, with nickel leading the declines. Price declines are possible after stabilizing at first.

SHANGHAI, Sept. 22 (SMM) – On Thursday’s night trading, base metals fell across the board, with nickel leading the declines. Price declines are possible after stabilizing at first.

SMM Weekly Price Outlook for Base Metals on LME and SHFE (Sept. 18-22, 2017)

Product

Price Range

Copper

49,800-50,300

Aluminum

16,450-16,750

Lead

20,300-20,800

Zinc

24,550-25,000

Tin

142,500-144,500

Nickel

84,200-85,600

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 communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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SMM Price Outlook for Base Metals on SHFE (Sept. 22, 2017) - Shanghai Metals Market (SMM)