SMM Price Outlook for Base Metals on SHFE (Oct. 9, 2017)

Published: Oct 9, 2017 09:12

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LME base metals mostly finished higher during the 2017 Chinese National Day holiday, especially LME copper and zinc, and SHFE base metals are estimated to follow up.

SHANGHAI, Oct. 9 (SMM) – LME base metals mostly finished higher during the 2017 Chinese National Day holiday, especially LME copper and zinc, and SHFE base metals are estimated to follow up.

Product	Price Range
Copper	51,600-52,100
Aluminum	16,400-16,600
Lead	20,800-21,500
Zinc	26,300-26,800
Tin	145,500-147,000
Nickel	85,500-86,600

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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