SHANGHAI, Jul. 24 (SMM) – On Last Friday’s night trading, SHFE base metals were mixed while LME base metals finished in the positive territory despite across-the-board fallback, and prices are estimated to keep diverging on Monday.
SMM Weekly Price Outlook for Base Metals on LME and SHFE (Jul. 24-28, 2017)
|
Product |
Price Range |
|
Copper |
47,600-48,200 |
|
Aluminum |
14,350-14,500 |
|
Lead |
17,400-17,500 |
|
Zinc |
22,640-22,030 |
|
Tin |
145,000-146,500 |
|
Nickel |
77,500-78,800 |
Unit: yuan/tonne
Source: SMM
Note: Prices all above are for most-actively traded contract on the SHFE.
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