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

Hot Keywords

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

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 

Price

more
#1 Refined Cu
Apr.18
49600.0
40.0
(0.08%)
Yangshan Copper Premium(Bill of Lading)
Apr.18
51.5
0.0
(0.00%)
Yangshan Copper Premium(Warehouse Warrant)
Apr.18
50.5
-1.0
(-1.94%)
Imported Cu Concentrate TC(Cu≥26%,Week)
Apr.12
68.5
-0.5
(-0.72%)
Imported Cu Concentrate TC(Cu≥26%,Month)
Mar.29
73.5
-6.0
(-7.55%)

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