SHFE Copper to Strengthen (2016-10-28)

Published: Oct 28, 2016 09:51
LME copper should range between USD 4,740-4,785/mt during Asian trading hours on Friday and SHFE 1612 copper will move at RMB 37,800-38,200/mt.

LME copper should range between USD 4,740-4,785/mt during Asian trading hours on Friday and SHFE 1612 copper will move at RMB 37,800-38,200/mt.

In China’s domestic market, spot copper should trade at premiums of RMB 100~150/mt on Friday.

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
SHFE Copper to Strengthen (2016-10-28) - Shanghai Metals Market (SMM)