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SHFE Copper to Move Lower (2016-12-8)
Dec 8, 2016 10:06Source:SMM
LME copper is predicted to range between USD 5,800-5,900/mt during the Asian trading hours on Thursday and SHFE 1702 copper will move at RMB 47,000-47,800/mt.
SHANGHAI, Dec. 8 (SMM) – LME copper is predicted to range between USD 5,800-5,900/mt during the Asian trading hours on Thursday and SHFE 1702 copper will move at RMB 47,000-47,800/mt.
In China’s domestic market, spot copper should trade at discounts of RMB 30/mt to premiums of RMB 40/mt on Thursday.
SHFE copper
LME copper
copper prices
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