SMM Price Outlook for Base Metals on SHFE (Sept. 26, 2017)

Published: Sep 26, 2017 09:01
On Monday’s night trading, SHFE base metals finished higher and LME base metals were mixed, with zinc outperforming others. Any rebound room is expected to be small.

SHANGHAI, Sept. 26 (SMM) – On Monday’s night trading, SHFE base metals finished higher and LME base metals were mixed, with zinc outperforming others. Any rebound room is expected to be small.

SMM Weekly Price Outlook for Base Metals on LME and SHFE (Sept. 25-29, 2017)

Product

Price Range

Copper

50,200-50,700

Aluminum

16,400-16,670

Lead

20,600-20,800

Zinc

25,250-25,700

Tin

145,500-147,000

Nickel

84,300-85,300

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. 26, 2017) - Shanghai Metals Market (SMM)