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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (Oct. 18, 2017)

SMM Price Outlook for Base Metals on SHFE (Oct. 18, 2017)

iconOct 18, 2017 09:07
Source:SMM
Market investors are now eying China’s 19th CPC National Congress, opening on Wednesday, and waiting for more direction from the meeting.

SHANGHAI, Oct. 18 (SMM) – Market investors are now eying China’s 19th CPC National Congress, opening on Wednesday, and waiting for more direction from the meeting. On Tuesday’s night trading, a stronger dollar and market caution before China’s meeting sent down most of base metals.

 

Product

Price Range

Copper

54,500-54,900

Aluminum

16,150-16,400

Lead

19,800-20,300

Zinc

24,800-25,250

Tin

145,000-147,000

Nickel

92,800-93,800

Unit: yuan/tonne

Source: SMM

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

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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.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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