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SHFE Copper to Outperform LME Copper (2016-5-24)

iconMay 24, 2016 09:25
Source:SMM
SHFE 1607 copper should perform better than LME copper on May 24.

SHANGHAI, May 24 (SMM) – SHFE 1607 copper should perform better than LME copper on May 24.

LME copper will fluctuate at USD 4,540-4,580/mt during Asian trading hours Tuesday. SHFE 1607 copper will range RMB 34,950-35,350/mt on May 24 and spot copper will be offered at premiums of RMB30-70/mt against SHFE 1606 copper. 

Key Macroeconomic Indicators for Base Metal Prices (2016-5-24) 


LME copper prices
SHFE copper price
Cu price

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