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Home / Metal News / SHFE Copper Expected to Grow Further (2016-3-4)

SHFE Copper Expected to Grow Further (2016-3-4)

Mar 4, 2016 09:35

SHFE 1604 copper will be set for gains and grow to RMB 37,100-37,600/mt due to optimistic sentiment on Mar. 4.

SHANGHAI, Mar. 4 (SMM) – SHFE 1604 copper will be set for gains and grow to RMB 37,100-37,600/mt due to optimistic sentiment on Mar. 4.

LME copper should range USD 4,810-4,870/mt during Asian trading hours Friday. In China, spot copper will quote at discounts of RMB 80-160/mt against SHFE 1603 copper.

Key Macroeconomic Indicators for Base Metal Prices (2016-3-4)

SHFE copper prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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SHFE Copper Expected to Grow Further (2016-3-4)

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