June 16, 2017
SHANGHAI, Jun. 16 (SMM) – Base metals diverged on Thursday’s night trading, and range-bound trading is expected on Friday.
SMM Weekly Price Outlook for Base Metals on LME and SHFE (Jun. 12-16, 2017)
Product | Price Range |
Copper | 45,350-45,600 |
Aluminum | 13,450-13,650 |
Lead | 17,100-17,400 |
Zinc | 20,900-21,200 |
Tin | 144,000-146,000 |
Nickel | 72,500-73,700 |
Unit: yuan/tonne
Source: SMM
Key Macroeconomic Indicators for Base Metal Prices (2017-6-16)
Note: Prices all above are for most-actively traded contract on the SHFE.