LME Copper to Move in a Tight Range (2016-10-24)-Shanghai Metals Market

Hot Keywords

  • Zinc
  • Copper
  • Copper scrap
  • Inventory data
  • Lithium
  • Aluminium
  • Rare earth
  • Evening comments
  • Futures movement
  • Morning comments
  • Market commentary
  • Customs data
  • Silicon
  • Cobalt
  • tungsten price

LME Copper to Move in a Tight Range (2016-10-24)

Price Review & Forecast 09:37:21AM Oct 24, 2016 Source:SMM

SHANGHAI, Oct. 24 (SMM) – LME copper is predicted to move between USD 4,630-4,660/mt on Monday and SHFE 1612 copper will range at RMB 37,050-37,350/mt.

In China’s domestic market, spot copper should trade at premiums of RMB 180-240/mt on Monday.

Key Words:  LME copper  SHFE copper  copper prices 

LME Copper to Move in a Tight Range (2016-10-24)

Price Review & Forecast 09:37:21AM Oct 24, 2016 Source:SMM

SHANGHAI, Oct. 24 (SMM) – LME copper is predicted to move between USD 4,630-4,660/mt on Monday and SHFE 1612 copper will range at RMB 37,050-37,350/mt.

In China’s domestic market, spot copper should trade at premiums of RMB 180-240/mt on Monday.

Key Words:  LME copper  SHFE copper  copper prices