SHFE Copper to Strengthen (2016-11-10)

Price Review & Forecast 10:09:10AM Nov 10, 2016 Source:SMM

SHANGHAI, Nov. 10 (SMM) – LME copper will range between USD 5,380-5,450/mt during Asian trading hours on Thursday and SHFE 1701 copper is expected to move at RMB 42,800-43,500/mt.

In China’s domestic market, spot copper should trade at discounts of RMB 30/mt to premiums of RMB 30/mt on Thursday.

Key Words:  SHFE copper  LME copper  copper prices 

SHFE Copper to Strengthen (2016-11-10)

Price Review & Forecast 10:09:10AM Nov 10, 2016 Source:SMM

SHANGHAI, Nov. 10 (SMM) – LME copper will range between USD 5,380-5,450/mt during Asian trading hours on Thursday and SHFE 1701 copper is expected to move at RMB 42,800-43,500/mt.

In China’s domestic market, spot copper should trade at discounts of RMB 30/mt to premiums of RMB 30/mt on Thursday.

Key Words:  SHFE copper  LME copper  copper prices