LME Copper to See Rang-Bound Trading (2016-11-28)

Published: Nov 28, 2016 09:51

Save

LME copper is expected to move at USD 5,880-5,960/mt during Asian trading hours on Monday and SHFE 1701 copper will range between RMB 48,000-48,850/mt.

SHANGHAI, Nov. 28 (SMM) – LME copper is expected to move at USD 5,880-5,960/mt during Asian trading hours on Monday and SHFE 1701 copper will range between RMB 48,000-48,850/mt.

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

SHFE copper LME copper copper prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

3 hours ago

Copper Pipe & Tube Operating Rate Rebounds 23.71% MoM in March, Down 2.78% YoY

【SMM Copper Pipe & Tube Operating Rate】 According to SMM data, the operating rate of copper pipe & tube enterprises was 82.45% in March, up 23.71 percentage points MoM and down 2.78 percentage points YoY.

3 hours ago

BC Copper Closed Sharply Higher by 1.6%, Easing Geopolitical Tensions Boosted Copper Prices [SMM BC Copper Commentary]

3 hours ago

4 hours ago

Auto Parts Imports Drop 5.4% YoY to $1.47B in Feb, CAAM Reports

[CAAM: Import Value of Auto Parts Reached $1.47 Billion in February, Down 5.4% YoY] According to data from the General Administration of Customs compiled by CAAM, in February 2026, the import value of auto parts reached $1.47 billion, down 20.8% MoM and 5.4% YoY. From January to February 2026, the import value of auto parts was $3.32 billion, up 7.1% YoY.

4 hours ago