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SMM Price Outlook for Base Metals on SHFE (Oct. 23, 2017)

iconOct 23, 2017 09:09
Base metals headed lower on last Friday’s night trading as the dollar strengthened, and prices are expected to trade in a wide range.

SHANGHAI, Oct. 23 (SMM) – Base metals headed lower on last Friday’s night trading as the dollar strengthened, and prices are expected to trade in a wide range.

Product

Price Range

Copper

54,200-54,700

Aluminum

16,000-16,250

Lead

19,000-19,350

Zinc

25,000-25,450

Tin

143,000-145,000

Nickel

93,600-95,200

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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