SHANGHAI, Sept. 7 (SMM) – Crude oil regained the lost ground due to soft US dollar. LME copper is expected to move at USD 4,630-4,670/mt on Wednesday and SHFE 1611 copper will range between RMB 36,450-36,750/mt. Spot prices should be traded at premiums of RMB 60-90/mt in China’s domestic market.
LME Copper to Rise Slightly (2016-9-7)
LME copper is expected to move at USD 4,630-4,670/mt on Wednesday and SHFE 1611 copper will range between RMB 36,450-36,750/mt.
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.
For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn