LME Copper to Range in a Tight Range (2016-11-16)-Shanghai Metals Market

Hot Keywords

  • Zinc
  • Aluminium
  • Silicon
  • Prebaked anode
  • Futures movement
  • Copper
  • Inventory data
  • Lead
  • Evening comments
  • MMi Iron Ore Port Index
  • New Energy Vehicle
  • Nickel
  • NEV
  • Production data
  • Market commentary

LME Copper to Range in a Tight Range (2016-11-16)

Price Review & Forecast 09:37:26AM Nov 16, 2016 Source:SMM

SHANGHAI, Nov. 16 (SMM) – LME copper is expected to range between USD 5,450-5,550/mt during Asian trading hours on Wednesday and SHFE 1701 copper will move at RMB 43,500-44,500/mt.

In China’s domestic market, spot copper should trade at premiums of RMB 0-50/mt on Wednesday.

Key Words:  SHFE copper  LME copper  copper prices 

Price

more
#1 Refined Cu
Apr.19
49430.0
-170.0
(-0.34%)
Yangshan Copper Premium(Bill of Lading)
Apr.19
51.5
0.0
(0.00%)
Yangshan Copper Premium(Warehouse Warrant)
Apr.19
50.5
0.0
(0.00%)
Imported Cu Concentrate TC(Cu≥26%,Week)
Apr.19
67.0
-1.5
(-2.19%)
Imported Cu Concentrate TC(Cu≥26%,Month)
Mar.29
73.5
-6.0
(-7.55%)

LME Copper to Range in a Tight Range (2016-11-16)

Price Review & Forecast 09:37:26AM Nov 16, 2016 Source:SMM

SHANGHAI, Nov. 16 (SMM) – LME copper is expected to range between USD 5,450-5,550/mt during Asian trading hours on Wednesday and SHFE 1701 copper will move at RMB 43,500-44,500/mt.

In China’s domestic market, spot copper should trade at premiums of RMB 0-50/mt on Wednesday.

Key Words:  SHFE copper  LME copper  copper prices