LME Copper to Stay Range Bound (2016-11-15)

Price Review & Forecast 09:58:18AM Nov 15, 2016 Source:SMM

SHANGHAI, Nov. 15 (SMM) – LME copper is predicted to move between USD 5,500-5,620/mt during Asian trading hours on Tuesday and SHFE 1701 copper will fluctuate at RMB 43,850-45,250/mt.

In China’s domestic market, spot copper is quoted over SHFE 1612 lead and should trade at premiums of RMB 60-120/mt on Tuesday.

Key Words:  SHFE copper  LME copper  copper prices 

LME Copper to Stay Range Bound (2016-11-15)

Price Review & Forecast 09:58:18AM Nov 15, 2016 Source:SMM

SHANGHAI, Nov. 15 (SMM) – LME copper is predicted to move between USD 5,500-5,620/mt during Asian trading hours on Tuesday and SHFE 1701 copper will fluctuate at RMB 43,850-45,250/mt.

In China’s domestic market, spot copper is quoted over SHFE 1612 lead and should trade at premiums of RMB 60-120/mt on Tuesday.

Key Words:  SHFE copper  LME copper  copper prices