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Home / Metal News / SHFE Copper Sets for Losses (2016-11-11)

SHFE Copper Sets for Losses (2016-11-11)

Nov 11, 2016 10:01

Source: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

copper prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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SHFE Copper Sets for Losses (2016-11-11)

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