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

Hot Keywords

  • Zinc
  • Futures movement
  • Aluminium
  • Silicon
  • Prebaked anode
  • Copper
  • Inventory data
  • Lead
  • Evening comments
  • MMi Iron Ore Port Index
  • New Energy Vehicle
  • Nickel
  • NEV
  • Production data
  • Market commentary

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

Price Review & Forecast 09:51:16AM Nov 28, 2016 Source:SMM

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.

Key Words:  SHFE copper  LME copper  copper prices 

Price

more
#1 Refined Cu
Apr.19
49430.0
-170.0
(-0.34%)
Yangshan Copper Premium(Bill of Lading)
Apr.19
51.5
0.0
(0.00%)
Yangshan Copper Premium(Warehouse Warrant)
Apr.19
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 Rang-Bound Trading (2016-11-28)

Price Review & Forecast 09:51:16AM Nov 28, 2016 Source:SMM

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.

Key Words:  SHFE copper  LME copper  copper prices