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DashboardDatabaseProReportsEventsCar InsightSHANGHAI, Jan. 28 (SMM) –SHFE 1603 copper should rise to RMB 35,650-36,100/mt on Thursday, due to optimism over market conditions after the Chinese New Year holiday in early February.
LME copper should climb to USD 4,550-4,600/mt today.
See forecast for other base metals, please click: Shanghai Base Metal Prices to Keep Rising, SMM Says
In China’s spot copper market, spot discounts of RMB 100-180/mt are expected over SHFE 1602 contract.
Key Macroeconomic Indicators for Base Metal Prices (2016-1-28)
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