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SHFE Copper Sets for Losses (2016-11-11)
Nov 11, 2016 10:01Source:SMM
LME copper is predicted to range between USD 5,550-5,660/mt on Friday and SHFE 1701 copper will move at RMB 44,400-45,200/mt.
SHANGHAI, Nov. 11 (SMM) – LME copper is predicted to range between USD 5,550-5,660/mt during Asian trading hours on Friday and SHFE 1701 copper will move at RMB 44,400-45,200/mt.
In China’s domestic market, spot copper should trade at discounts of RMB 30/mt to premiums of RMB 30/mt on Friday.
SHFE copper
LME copper
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