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Home / Metal News / SHFE Copper to Face Pressure (2016-2-16)

SHFE Copper to Face Pressure (2016-2-16)

Feb 16, 2016 09:47

Source:SMM

SHFE 1604 copper will face pressures and should range RMB 35,550-35,800/mt on February 16.

SHANGHAI, Feb. 16 (SMM) – SHFE 1604 copper will face pressures and should range RMB 35,550-35,800/mt on February 16.

LME copper should move in a tight range of USD 4,540-4,580/mt during Asian trading hours Tuesday. Spot discounts of RMB 150-250/mt are expected against SHFE front-month contract in China.

Key Macroeconomic Indicators for Base Metal Prices (2016-2-16)

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SHFE Copper to Face Pressure (2016-2-16)

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