LME and SHFE Copper to See Rising Volatility-Shanghai Metals Market

Hot Keywords

  • Nickel market
  • Market commentary
  • Silicon
  • zinc
  • Copper
  • Aluminium
  • Inventory data
  • Zinc
  • Production data
  • Nickel
  • Sales data
  • Morning comments
  • MMi Iron Ore Port Index
  • Customs data
  • Silicon metal

LME and SHFE Copper to See Rising Volatility

SMM Insight 06:03:56PM Apr 22, 2016 Source:SMM

SHANGHAI, Apr. 22 (SMM) - LME copper should fluctuate in a wide range of $4,680-4,850 per tonne next week, said SMM, citing technical indicators.

June copper on the SHFE will hover between 36,400-37,500 yuan per tonne, SMM added, tracking ferrous metals. Ferrous metals will lead price gains of commodities in the near term.

Spot discounts will expand to 180-130 yuan per tonne against June copper on the SHFE. 

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 


LME and SHFE Copper to See Rising Volatility

SMM Insight 06:03:56PM Apr 22, 2016 Source:SMM

SHANGHAI, Apr. 22 (SMM) - LME copper should fluctuate in a wide range of $4,680-4,850 per tonne next week, said SMM, citing technical indicators.

June copper on the SHFE will hover between 36,400-37,500 yuan per tonne, SMM added, tracking ferrous metals. Ferrous metals will lead price gains of commodities in the near term.

Spot discounts will expand to 180-130 yuan per tonne against June copper on the SHFE. 

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.