SMM Price Outlook for Base Metals on SHFE (Sept. 29, 2017)

Published: Sep 29, 2017 09:11
On Thursday’s night trading, base metals finished higher, and market cautious sentiment is growing ahead of the upcoming 2017 Chinese National Day holiday.

SHANGHAI, Sept. 29 (SMM) – On Thursday’s night trading, base metals finished higher, and market cautious sentiment is growing ahead of the upcoming 2017 Chinese National Day holiday.

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

Product

Price Range

Copper

50,800-51,500

Aluminum

16,380-16,550

Lead

20,600-20,900

Zinc

25,650-26,100

Tin

145,700-147,000

Nickel

84,300-85,600

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. 29, 2017) - Shanghai Metals Market (SMM)