logo
Metrix
AnnouncementsAbout UsCareersDownload App
EN
logo

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

Published: 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 communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Price spread between futures contracts widens, spot premiums surge after delivery, expected to remain high next week [SMM South China copper cathode spot weekly review]
7 mins ago
Price spread between futures contracts widens, spot premiums surge after delivery, expected to remain high next week [SMM South China copper cathode spot weekly review]
Read More
Price spread between futures contracts widens, spot premiums surge after delivery, expected to remain high next week [SMM South China copper cathode spot weekly review]
Price spread between futures contracts widens, spot premiums surge after delivery, expected to remain high next week [SMM South China copper cathode spot weekly review]
7 mins ago
Domestic tax-inclusive supply scarce, secondary copper rod enterprise production limited [SMM Secondary Copper Daily Review]
10 mins ago
Domestic tax-inclusive supply scarce, secondary copper rod enterprise production limited [SMM Secondary Copper Daily Review]
Read More
Domestic tax-inclusive supply scarce, secondary copper rod enterprise production limited [SMM Secondary Copper Daily Review]
Domestic tax-inclusive supply scarce, secondary copper rod enterprise production limited [SMM Secondary Copper Daily Review]
10 mins ago
China copper social inventory edges up MoM, regional inventory trends diverge [SMM weekly data]
1 hour ago
China copper social inventory edges up MoM, regional inventory trends diverge [SMM weekly data]
Read More
China copper social inventory edges up MoM, regional inventory trends diverge [SMM weekly data]
China copper social inventory edges up MoM, regional inventory trends diverge [SMM weekly data]
1 hour ago
Related News
news
Price spread between futures contracts widens, spot premiums surge after delivery, expected to remain high next week [SMM South China copper cathode spot weekly review]
Sep 17, 2026 16:09
news
Domestic tax-inclusive supply scarce, secondary copper rod enterprise production limited [SMM Secondary Copper Daily Review]
Sep 17, 2026 16:06
news
China copper social inventory edges up MoM, regional inventory trends diverge [SMM weekly data]
Sep 17, 2026 14:35
news
Available supply declines; Shanghai spot copper premiums dip before rebounding during the day [SMM SHFE copper spot]
Sep 17, 2026 14:13