SHFE Copper to Strengthen (2016-11-22)-Shanghai Metals Market

Hot Keywords

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

SHFE Copper to Strengthen (2016-11-22)

Price Review & Forecast 09:44:36AM Nov 22, 2016 Source:SMM

SHANGHAI, Nov. 22 (SMM) – LME copper is expected to range between USD 5,490-5,565/mt during Asian trading hours on Tuesday and SHFE 1701 copper will move at RMB 44,700-45,400/mt.

In China’s domestic market, spot copper should trade at premiums of RMB 150-90/mt on Tuesday.

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%)

SHFE Copper to Strengthen (2016-11-22)

Price Review & Forecast 09:44:36AM Nov 22, 2016 Source:SMM

SHANGHAI, Nov. 22 (SMM) – LME copper is expected to range between USD 5,490-5,565/mt during Asian trading hours on Tuesday and SHFE 1701 copper will move at RMB 44,700-45,400/mt.

In China’s domestic market, spot copper should trade at premiums of RMB 150-90/mt on Tuesday.

Key Words:  SHFE copper  LME copper  copper prices