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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

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