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

Published: Mar 4, 2016 09:35

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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

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