SHANGHAI, Aug. 2 (SMM) – On Tuesday’s night trading, base metals were split, with lead and nickel outperforming others, and price divergence is expected to be continuing on Wednesday.
SMM Weekly Price Outlook for Base Metals on LME and SHFE (Jul. 31-Aug. 4, 2017)
|
Product |
Price Range |
|
Copper |
50,000-50,450 |
|
Aluminum |
14,380-14,500 |
|
Lead |
18,100-18,400 |
|
Zinc |
22,880-23,180 |
|
Tin |
145,500-147,500 |
|
Nickel |
82,000-83,200 |
Unit: yuan/tonne
Source: SMM
Note: Prices all above are for most-actively traded contract on the SHFE.
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