Shanghai Spot Discounts to Narrow Marginally (2016-2-19)

Published: Feb 19, 2016 09:46

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Spot copper discounts should narrow slightly to RMB 150-250/mt in China’s spot market on Friday.

SHANGHAI, Feb. 19 (SMM) – Spot copper discounts should narrow slightly to RMB 150-250/mt in China’s spot market on Friday.

See forecast for other base metals, please click:Downward Pressures Remain in Nickel in Shanghai Market, SMM Says

LME copper will hover between USD 4,560-4,605/mt during Asian trading hours today and SHFE 1604 copper will range RMB 35,500-35,800/mt.

Key Macroeconomic Indicators for Base Metal Prices (2016-2-19)

SHFE copper prices LME 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 communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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