LME Copper to Range Narrowly (2016-3-11)
LME copper is predicted to move in a tight range of USD 4,870-4,930/mt during Asian trading hours Friday.
SHANGHAI, Mar. 11 (SMM) – LME copper is predicted to move in a tight range of USD 4,870-4,930/mt during Asian trading hours Friday.
SHFE 1605 copper should fluctuate between RMB 36,900-37,500/mt on Mar. 11 and spot discounts of RMB 50-100/mt are expected against SHFE 1603 copper.
Key Macroeconomic Indicators for Base Metal Prices (2016-3-11)
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.
