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Home / Metal News / SHFE Copper to Move in a Tight Range (2016-12-1)

SHFE Copper to Move in a Tight Range (2016-12-1)

Dec 1, 2016 09:33

Source:SMM

LME copper is predicted to move between USD 5,720-5,820/mt during Asian trading hours on Thursday and SHFE 1702 copper will move at RMB 46,600-47,500/mt.

SHANGHAI, Dec. 1 (SMM) – LME copper is predicted to move between USD 5,720-5,820/mt during Asian trading hours on Thursday and SHFE 1702 copper will move at RMB 46,600-47,500/mt.

In China’s domestic market, spot copper should trade at discounts of RMB 100-50/mt on Thursday.

SHFE copper

LME copper

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SHFE Copper to Move in a Tight Range (2016-12-1)

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