SHFE Copper to Move Lower (2016-11-23)-Shanghai Metals Market

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SHFE Copper to Move Lower (2016-11-23)

Price Review & Forecast 09:55:59AM Nov 23, 2016 Source:SMM

SHANGHAI, Nov. 23 (SMM) – LME copper is expected to move at USD 5,580-5,680/mt during Asian trading hours on Wednesday and SHFE 1701 copper will range between RMB 45,500-46,050/mt.

In China’s domestic market, spot copper should trade at discounts of RMB 150-100/mt on Wednesday.

Key Words:  SHFE copper  LME copper  copper prices 

SHFE Copper to Move Lower (2016-11-23)

Price Review & Forecast 09:55:59AM Nov 23, 2016 Source:SMM

SHANGHAI, Nov. 23 (SMM) – LME copper is expected to move at USD 5,580-5,680/mt during Asian trading hours on Wednesday and SHFE 1701 copper will range between RMB 45,500-46,050/mt.

In China’s domestic market, spot copper should trade at discounts of RMB 150-100/mt on Wednesday.

Key Words:  SHFE copper  LME copper  copper prices