SHFE Copper to See Range-Bound Trading (2016-11-30)

Price Review & Forecast 09:34:09AM Nov 30, 2016 Source:SMM

SHANGHAI, Nov. 30 (SMM) – LME copper is expected to range between USD 5,680-5,810/mt during Asian trading hours on Wednesday and SHFE 1702 copper will move at RMB 46,000-47,000/mt.

In China’s domestic market, spot copper should trade at discounts of RMB 130-80/mt on Wednesday.

Key Words:  SHFE copper  LME copper  copper prices 

SHFE Copper to See Range-Bound Trading (2016-11-30)

Price Review & Forecast 09:34:09AM Nov 30, 2016 Source:SMM

SHANGHAI, Nov. 30 (SMM) – LME copper is expected to range between USD 5,680-5,810/mt during Asian trading hours on Wednesday and SHFE 1702 copper will move at RMB 46,000-47,000/mt.

In China’s domestic market, spot copper should trade at discounts of RMB 130-80/mt on Wednesday.

Key Words:  SHFE copper  LME copper  copper prices