SMM Price Outlook for Base Metals on SHFE (Oct. 16, 2017)

Published: Oct 16, 2017 09:16

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On Monday, eyes should be China’s CPI and PPI for September, and eurozone’s August trade data after seasonally adjustment. Base metals are expected to keep diverging for the foreseeable future.

SHANGHAI, Oct. 16 (SMM) – On Monday, eyes should be China’s CPI and PPI for September, and eurozone’s August trade data after seasonally adjustment. Base metals are expected to keep diverging for the foreseeable future.

Product	Price Range
Copper	53,200-53,700
Aluminum	16,450-16,700
Lead	20,450-20,600
Zinc	25,900-26,350
Tin	146,000-147,500
Nickel	92,500-93,500

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 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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