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

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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 

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