SHFE Copper to See Range-Bound Trading (2016-4-12)

Published: Apr 12, 2016 09:44

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SHFE 1606 copper will trade in a tight range of RMB 35,750-36,100/mt on Tuesday.

SHANGHAI, Apr. 12 (SMM) – SHFE 1606 copper will trade in a tight range of RMB 35,750-36,100/mt on Tuesday.

LME copper will move at USD 4,655-4,695/mt.

In China spot copper market, spot discounts of RMB 0-10/mt and premiums of RMB 0-40/mt are expected over SHFE 1604 copper.

Key Macroeconomic Indicators for Base Metal Prices (2016-4-12)

LME copper prices SHFE copper prices copper prices Cu price base metal price forecast

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