SHANGHAI Jan. 18 (SMM) – Spot copper supply is sufficient in Chinese market and this will allow spot discounts to widen to RMB 160-220/mt on Jan. 18.
See forecast for other base metals, please click:Price Pattern of Stronger Shanghai Prices to Change, SMM Says
Attention is turning to economic figures from China and movement of Chinese yuan. LME copper should move between USD 4,315-4,360/mt during Asian trading hours Monday and SHFE 1603 copper will range RMB 34,200-34,700/mt.
Key Macroeconomic Indicators for Base Metal Prices (2016-1-18)



