SHFE Copper to Strengthen (2016-11-1)-Shanghai Metals Market

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SHFE Copper to Strengthen (2016-11-1)

Price Review & Forecast 09:49:08AM Nov 01, 2016 Source:SMM

SHANGHAI, Nov. (SMM) – LME copper is expected to range between USD 4,830-4,880/mt during Asian trading hours on Tuesday and SHFE 1612 copper will fluctuate at RMB 38,400-38,800/mt.

In China’s domestic market, spot copper should trade at premiums of RMB 10-150/mt on Tuesday.

Key Words:  LME copper  SHFE copper  copper prices 

Price

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#1 Refined Cu
Apr.25
49250.0
205.0
(0.42%)
Standard-Grade Copper
Apr.25
49200.0
200.0
(0.41%)
High-Grade Copper
Apr.25
49300.0
210.0
(0.43%)
Guixi copper
Apr.25
49305.0
205.0
(0.42%)
Low-quality copper
Apr.25
49150.0
210.0
(0.43%)

SHFE Copper to Strengthen (2016-11-1)

Price Review & Forecast 09:49:08AM Nov 01, 2016 Source:SMM

SHANGHAI, Nov. (SMM) – LME copper is expected to range between USD 4,830-4,880/mt during Asian trading hours on Tuesday and SHFE 1612 copper will fluctuate at RMB 38,400-38,800/mt.

In China’s domestic market, spot copper should trade at premiums of RMB 10-150/mt on Tuesday.

Key Words:  LME copper  SHFE copper  copper prices