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Home / Metal News / SHFE Copper to Hover around 5-Day Moving Average (2015-12-25)

SHFE Copper to Hover around 5-Day Moving Average (2015-12-25)

iconDec 25, 2015 09:32
Source:SMM
SHFE 1602 copper is predicted to fluctuate between RMB 36,000-36,500/mt on Dec. 25 with LME lead market closed.

SHANGHAI, Dec. 25 (SMM) – SHFE 1602 copper is predicted to fluctuate between RMB 36,000-36,500/mt on Dec. 25 with LME lead market closed.

See forecast for other base metals, please click:Shanghai to See Base Metal Price Rising Year-End, SMM Says

In China, cargo holders should deliver term goods at discounts of RMB 70-150/mt against SHFE 1601 copper. 

Key Macroeconomic Indicators for Base Metal Prices (2015-12-25)

SHFE copper prices
copper prices
Cu price
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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