Home / Metal News / Precious Metals / SHFE Copper to See Weak Trading (2016-5-4)
SHFE Copper to See Weak Trading (2016-5-4)
May 4,2016 09:22CST
price review forecast
Source:SMM
LME copper should range USD 4,890-4,930/mt during Asian trading hours Wednesday.

SHANGHAI, May 4 (SMM) – LME copper should range USD 4,890-4,930/mt during Asian trading hours Wednesday.

Crude oil prices fell overnight while US dollar went higher. SHFE 1607 copper will fluctuate between RMB 37,100-37,550/mt on May 4. Spot discounts of RMB 80-130/mt are expected against SHFE 1605 copper.

Key Macroeconomic Indicators for Base Metal Prices (2016-5-4)


LME copper price
SHFE copper price
Cu price

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news