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

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

Price Review & Forecast 10:17:48AM Dec 05, 2016 Source:SMM

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.

Key Words:  SHFE copper  LME copper  copper prices 

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

Price Review & Forecast 10:17:48AM Dec 05, 2016 Source:SMM

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.

Key Words:  SHFE copper  LME copper  copper prices