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Home / Metal News / LME Copper to See Range-Bound Trading (2016-12-5)

LME Copper to See Range-Bound Trading (2016-12-5)

Dec 5, 2016 10:17

Source:SMM

LME copper is expected to range between USD 5,730-5,800/mt during Asian trading hours on Monday and SHFE 1702 copper will move at RMB 46,200-46,950/mt.

SHANGHAI, Dec. 5 (SMM) – LME copper is expected to range between USD 5,730-5,800/mt during Asian trading hours on Monday and SHFE 1702 copper will move at RMB 46,200-46,950/mt.

In China’s domestic market, spot copper should trade at discounts of RMB 50/mt to premiums of RMB 20/mt on Monday.

SHFE copper

LME copper

copper prices

For queries, please contact William Gu at williamgu@smm.cn

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LME Copper to See Range-Bound Trading (2016-12-5)

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