SHFE Copper to Close Lower (2016-11-29)-Shanghai Metals Market

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SHFE Copper to Close Lower (2016-11-29)

Price Review & Forecast 09:41:26AM Nov 29, 2016 Source:SMM

SHANGHAI, Nov. 29 (SMM) – LME copper will range between USD 5,790-5,940/mt during the Asian trading hours on Tuesday and SHFE 1701 copper is expected to move at RMB 48,000-48,800/mt.

In China’s domestic market, spot copper should trade at discounts of RMB 160-110/mt on Tuesday.

Key Words:  SHFE copper  LME copper  copper prices 

Price

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#1 Refined Cu
Apr.25
49250.0
205.0
(0.42%)
Standard-Grade Copper
Apr.25
49200.0
200.0
(0.41%)
High-Grade Copper
Apr.25
49300.0
210.0
(0.43%)
Guixi copper
Apr.25
49305.0
205.0
(0.42%)
Low-quality copper
Apr.25
49150.0
210.0
(0.43%)

SHFE Copper to Close Lower (2016-11-29)

Price Review & Forecast 09:41:26AM Nov 29, 2016 Source:SMM

SHANGHAI, Nov. 29 (SMM) – LME copper will range between USD 5,790-5,940/mt during the Asian trading hours on Tuesday and SHFE 1701 copper is expected to move at RMB 48,000-48,800/mt.

In China’s domestic market, spot copper should trade at discounts of RMB 160-110/mt on Tuesday.

Key Words:  SHFE copper  LME copper  copper prices