SHFE Copper to Move Higher (2016-11-9)

Price Review & Forecast 09:57:38AM Nov 09, 2016 Source:SMM

SHANGHAI, Nov. 9 (SMM) – LME copper will range between USD 5,150-5,270/mt during Asian trading hours on Wednesday and SHFE 1701 copper is expected to move at RMB 41,200-42,000/mt.

In China’s domestic market, spot copper should trade at premiums of RMB 20-80/mt on Wednesday.

Key Words:  LME copper  SHFE copper  copper prices 

SHFE Copper to Move Higher (2016-11-9)

Price Review & Forecast 09:57:38AM Nov 09, 2016 Source:SMM

SHANGHAI, Nov. 9 (SMM) – LME copper will range between USD 5,150-5,270/mt during Asian trading hours on Wednesday and SHFE 1701 copper is expected to move at RMB 41,200-42,000/mt.

In China’s domestic market, spot copper should trade at premiums of RMB 20-80/mt on Wednesday.

Key Words:  LME copper  SHFE copper  copper prices