LME Copper to See Range-Bound Trading (2016-11-25)-Shanghai Metals Market

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Home > News > Price Review & Forecast > LME Copper to See Range-Bound Trading (2016-11-25)

LME Copper to See Range-Bound Trading (2016-11-25)

Price Review & Forecast 09:36:49AM Nov 25, 2016 Source:SMM

SHANGHAI, Nov. 25 (SMM) – LME copper is expected to move at USD 5,850-5,930/mt during Asian trading hours on Friday and SHFE 1701 copper will move between RMB 48,200-48,800/mt.

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

Key Words: SHFE copper LME copper copper prices

Price

#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%)

LME Copper to See Range-Bound Trading (2016-11-25)

Price Review & Forecast 09:36:49AM Nov 25, 2016 Source:SMM

SHANGHAI, Nov. 25 (SMM) – LME copper is expected to move at USD 5,850-5,930/mt during Asian trading hours on Friday and SHFE 1701 copper will move between RMB 48,200-48,800/mt.

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

Key Words: SHFE copper LME copper copper prices