SHANGHAI Jan. 20 (SMM) – LME copper is forecast to drop to USD 4,365-4,415/mt during Asian trading hours Wednesday give the back of worries about crude oil and global economy.
See forecast for other base metals, please click: Shanghai Market to See Diverging Trends, SMM Says
SHFE 1603 copper will range RMB 34,950-35,350/mt on Jan. 20 and spot discounts of RMB 150-300/mt are expected against SHFE 1602 copper.
Key Macroeconomic Indicators for Base Metal Prices (2016-1-20)