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Home / Metal News / LME Copper to Hover at Highs (2016-11-14)

LME Copper to Hover at Highs (2016-11-14)

Nov 14, 2016 10:04

Source:SMM

LME copper is expected to range between USD 5,500-5,600/mt during Asian trading hours on Monday and SHFE 1701 copper will move at RMB 43,800-45,000/mt.

SHANGHAI, Nov. 14 (SMM) – Prices volatilized largely last Friday in SHFE market. LME copper is expected to range between USD 5,500-5,600/mt during Asian trading hours on Monday and SHFE 1701 copper will move at RMB 43,800-45,000/mt.

In China’s domestic market, spot copper should trade at premiums of RMB 20-80/mt on Monday with nearing of delivery date.

SHFE copper

LME copper

copper prices

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LME Copper to Hover at Highs (2016-11-14)

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