SHFE Copper to Keep Rising Momentum (2016-11-2)

Price Review & Forecast 09:47:51AM Nov 02, 2016 Source:SMM

SHANGHAI, Nov. 2 (SMM) – LME copper is predicted to range between USD 4,870-4,915/mt during Asian trading hours on Wednesday and SHFE 1701 copper will move at RMB 38,700-39,150.

In China’s domestic market, spot copper should trade at premiums of RMB 100-160/mt on Wednesday.

Key Words:  LME copper  SHFE copper  copper prices 

SHFE Copper to Keep Rising Momentum (2016-11-2)

Price Review & Forecast 09:47:51AM Nov 02, 2016 Source:SMM

SHANGHAI, Nov. 2 (SMM) – LME copper is predicted to range between USD 4,870-4,915/mt during Asian trading hours on Wednesday and SHFE 1701 copper will move at RMB 38,700-39,150.

In China’s domestic market, spot copper should trade at premiums of RMB 100-160/mt on Wednesday.

Key Words:  LME copper  SHFE copper  copper prices