SMM Price Outlook for Base Metals on SHFE (Aug. 21, 2017)

Published: Aug 21, 2017 09:08

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On Last Friday’s night trading, base metals were mixed, with zinc and nickel outperforming others, and price divergence is expected to be continuing due to market fundamentals.

SHANGHAI, Aug. 21 (SMM) – On Last Friday’s night trading, base metals were mixed, with zinc and nickel outperforming others, and price divergence is expected to be continuing due to market fundamentals.

SMM Weekly Price Outlook for Base Metals on LME and SHFE (Aug. 21-25, 2017)

Product	Price Range
Copper	50,750-51,100
Aluminum	16,100-16,350
Lead	19,400-19,600
Zinc	26,050-26,450
Tin	143,000-146,000
Nickel	88,500-90,200

Unit: yuan/tonne

Source: SMM

Key Macroeconomic Indicators for Base Metal Prices (2017-8-21)

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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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