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SHFE Copper to See Range-Bound Trading (2016-11-24)
Nov 24, 2016 09:52Source: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.
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.
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