SMM Price Outlook for Base Metals on SHFE (Oct. 27, 2017)

Published: Oct 27, 2017 09:39
Base metals were mixed on Thursday’s night trading, and nickel, which dived in the trading, led declines in base metals market.

SHANGHAI, Oct. 27 (SMM) – Base metals were mixed on Thursday’s night trading, and nickel, which dived in the trading, led declines in base metals market. Price divergence is expected to be continuing.  

Product

Price Range

Copper

54,500-55,000

Aluminum

16,450-16,650

Lead

19,000-19,200

Zinc

25,750-26,150

Tin

145,000-146,000

Nickel

93,200-94,800

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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