SHFE Copper to See Rang-Bound Trading (2016-11-21)

Published: Nov 21, 2016 09:35
LME copper is expected to range between USD 5,400-5,480/mt during Asian trading hours on Monday and SHFE 1701 copper will move at RMB 43,600-44,500/mt.

SHANGHAI, Nov. 21 (SMM) – LME copper is expected to range between USD 5,400-5,480/mt during Asian trading hours on Monday and SHFE 1701 copper will move at RMB 43,600-44,500/mt.

In China’s domestic market, spot copper should trade at discounts of RMB 150-80/mt on Monday.

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SHFE Copper to See Rang-Bound Trading (2016-11-21) - Shanghai Metals Market (SMM)