SHFE Copper to See Range-Bound Trading (2016-11-24)

Price Review & Forecast 09:52:10AM Nov 24, 2016 Source:SMM

SHANGHAI, Nov. 24 (SMM) – LME copper is expected to range between USD 5,650-5,750/mt during Asian trading hours on Thursday and SHFE 1701 copper will move at RMB 46,800-47,500/mt.

In China’s domestic market, spot copper should trade at discounts of RMB 110-70/mt on Thursday.

Key Words:  SHFE copper  LME copper  copper prices 

SHFE Copper to See Range-Bound Trading (2016-11-24)

Price Review & Forecast 09:52:10AM Nov 24, 2016 Source:SMM

SHANGHAI, Nov. 24 (SMM) – LME copper is expected to range between USD 5,650-5,750/mt during Asian trading hours on Thursday and SHFE 1701 copper will move at RMB 46,800-47,500/mt.

In China’s domestic market, spot copper should trade at discounts of RMB 110-70/mt on Thursday.

Key Words:  SHFE copper  LME copper  copper prices