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

Published: Dec 22, 2016 09:57
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.

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