Shanghai Spot Copper Inverts to Premiums (2016-3-15)
Spot copper in China will trade at premiums of RMB 0-60/mt on Mar. 15.
SHANGHAI, Mar. 15 (SMM) – Spot copper in China will trade at premiums of RMB 0-60/mt on Mar. 15.
LME copper will fluctuate between USD 4,920-4,970/mt during Asian trading hours Tuesday. Copper prices were dragged down by crude oil prices overnight. SHFE 1605 copper will range RMB 37,200-37,700/mt.
Key Macroeconomic Indicators for Base Metal Prices (2016-3-15)
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.
