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SMM Price Outlook for Base Metals on SHFE (Oct. 10, 2017)

iconOct 10, 2017 09:04
Base metals were mixed on Monday’s night trading, with LME base metals outperforming SHFE slightly. Price divergence among base metals is expected to be continuing.

SHANGHAI, Oct. 10 (SMM) – Base metals were mixed on Monday’s night trading, with LME base metals outperforming SHFE slightly. Price divergence among base metals is expected to be continuing.

Product

Price Range

Copper

51,800-52,300

Aluminum

16,700-16,950

Lead

20,800-21,200

Zinc

26,150-26,580

Tin

147,000-148,500

Nickel

87,700-89,000

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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