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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