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SMM Price Outlook for Base Metals on SHFE (Sept. 27, 2017)

iconSep 27, 2017 08:59
On Tuesday’s night trading, base metals came under pressure from a rallying dollar, and price divergence is expected to be continuing.  

SHANGHAI, Sept. 27 (SMM) – On Tuesday’s night trading, base metals came under pressure from a rallying dollar, and price divergence is expected to be continuing.  

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

Product

Price Range

Copper

50,000-50,500

Aluminum

16,350-16,550

Lead

20,600-20,800

Zinc

25,300-25,750

Tin

146,000-147,000

Nickel

84,500-85,500

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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