SHFE Copper to Move Higher (2016-11-9)-Shanghai Metals Market

Hot Keywords

  • Zinc
  • Market commentary
  • Futures movement
  • Copper
  • Aluminium
  • Inventory data
  • Lead
  • Evening comments
  • Macroeconomics
  • MMi Iron Ore Port Index
  • Li-Ion Battery Cathode Material
  • Morning comments
  • Customs data
  • Silicon
  • Nickel

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 

Price

more
#1 Refined Cu
Apr.19
49430.0
-170.0
(-0.34%)
Yangshan Copper Premium(Bill of Lading)
Apr.19
51.5
0.0
(0.00%)
Yangshan Copper Premium(Warehouse Warrant)
Apr.19
50.5
0.0
(0.00%)
Imported Cu Concentrate TC(Cu≥26%,Week)
Apr.19
67.0
-1.5
(-2.19%)
Imported Cu Concentrate TC(Cu≥26%,Month)
Mar.29
73.5
-6.0
(-7.55%)

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