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Home / Metal News / LME Copper to See Range-Bound Trading (2016-12-22)

LME Copper to See Range-Bound Trading (2016-12-22)

Dec 22, 2016 09:57

Source:SMM

LME copper is expected to range between USD 5,480-5,540/mt during Asian trading hours on Thursday and SHFE 1702 copper will move at RMB 44,900-45,350/mt.

SHANGHAI, Dec. 22 (SMM) – LME copper is expected to range between USD 5,480-5,540/mt during Asian trading hours on Thursday and SHFE 1702 copper will move at RMB 44,900-45,350/mt.

In China’s domestic market, spot copper should trade at discounts of RMB 220-120/mt on Thursday.

SHFE copper

LME copper

copper prices

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SMM Comments

SHFE Copper Closes with Big Gains (2017-7-12)

SHFE 1709 copper opened at RMB 47,330/mt and closed at RMB 47,250/mt, up RMB 410/mt.

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LME copper will move at USD 5,560-5,610/mt during Asian trading hours on Thursday and SHFE 1706 copper will move at RMB 45,400-45,800/mt.

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SMM Comments

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LME copper will trade at USD 5,700-5,760/mt on Monday and SHFE 1704 copper will move at RMB 46,800-47,300/mt.

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SMM Comments

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LME copper will trade at USD 5,650-5,710/mt on Friday and SHFE 1704 copper will move at RMB 46,000-46,500/mt.

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SMM Comments

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SMM Comments

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SMM Comments

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