LME Copper to Remain on the Downward Track (2016-11-17)-Shanghai Metals Market

Hot Keywords

  • Zinc
  • Market commentary
  • Aluminium
  • Futures movement
  • Inventory data
  • Copper
  • Lead
  • Macroeconomics
  • Evening comments
  • Li-Ion Battery Cathode Material
  • MMi Iron Ore Port Index
  • Morning comments
  • Customs data
  • Silicon
  • scrap copper

LME Copper to Remain on the Downward Track (2016-11-17)

Price Review & Forecast 09:49:14AM Nov 17, 2016 Source:SMM

SHANGHAI, Nov. 17 (SMM) – LME copper is expected to range between USD 5,420-5,480/mt during Asian trading hours on Thursday and SHFE 1701 copper will move at RMB 43,700-44,200/mt.

In China’s domestic market, spot copper will trade at discounts of RMB 60/mt-RMB 20/mt on Thursday.

Key Words:  SHFE copper  LME copper  copper prices 

Price

more
#1 Refined Cu
Apr.22
49450.0
20.0
(0.04%)
Yangshan Copper Premium(Bill of Lading)
Apr.22
51.5
0.0
(0.00%)
Yangshan Copper Premium(Warehouse Warrant)
Apr.22
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 Remain on the Downward Track (2016-11-17)

Price Review & Forecast 09:49:14AM Nov 17, 2016 Source:SMM

SHANGHAI, Nov. 17 (SMM) – LME copper is expected to range between USD 5,420-5,480/mt during Asian trading hours on Thursday and SHFE 1701 copper will move at RMB 43,700-44,200/mt.

In China’s domestic market, spot copper will trade at discounts of RMB 60/mt-RMB 20/mt on Thursday.

Key Words:  SHFE copper  LME copper  copper prices