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

iconOct 16, 2017 09:16
Source: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.  

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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