LME Copper Sets for Losses (2016-11-3)-Shanghai Metals Market

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LME Copper Sets for Losses (2016-11-3)

Price Review & Forecast 09:50:35AM Nov 03, 2016 Source:SMM

SHANGHAI, Nov. 3 (SMM) – LME copper is predicted to range at USD 4,870-4,915/mt during Asian trading hours on Thursday and SHFE 1701 copper will move between RMB 38,700-38,950/mt.

In China’s domestic market, spot premiums should rise slightly to RMB 130-180/mt on Thursday with falling SHFE 1701 copper.

Key Words:  LME copper  SHFE copper  copper prices 

LME Copper Sets for Losses (2016-11-3)

Price Review & Forecast 09:50:35AM Nov 03, 2016 Source:SMM

SHANGHAI, Nov. 3 (SMM) – LME copper is predicted to range at USD 4,870-4,915/mt during Asian trading hours on Thursday and SHFE 1701 copper will move between RMB 38,700-38,950/mt.

In China’s domestic market, spot premiums should rise slightly to RMB 130-180/mt on Thursday with falling SHFE 1701 copper.

Key Words:  LME copper  SHFE copper  copper prices