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Home / Metal News / SHFE Copper Prices to Remain Weak (2015-11-23)

SHFE Copper Prices to Remain Weak (2015-11-23)

Nov 23, 2015 10:47

Source:SMM

LME copper should range between USD 4,520-4,570/mt during Asian trading hours Monday.

SHANGHAI, Nov. 23(SMM) – LME copper should range between USD 4,520-4,570/mt during Asian trading hours Monday.

See forecast for other base metals, please click: Base Metal Prices to See Bigger Volatility at Lows, SMM Says

SHFE 1601 copper is expected to fall to RMB 34,200-34,800/mt on Nov. 23 and spot copper will trade between discounts of RMB 60/mt and premiums of RMB 20/mt.

Key Macroeconomic Indicators for Base Metal Prices (2015-11-23)

LME copper prices

SHFE copper prices

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