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SHANGHAI, Dec. 28 (SMM) – Spot copper in China should trade at discounts of RMB 100-180/mt against SHFE 1601 copper with limited cargo holders in market.
See forecast for other base metals, please click:Base Metals to See Light Trading in Pre-holiday Week, with Firm Prices, SMM Says
LME is still closed today. SHFE 1603 copper is expected to shift to the most active contract on Dec. 28 and will move between RMB 36,300-36,500/mt today with tepid trading in market.
Key Macroeconomic Indicators for Base Metal Prices (2015-12-28)
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