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SHFE Copper to Set with Losses (2016-12-30)
Dec 30, 2016 09:30LME copper is expected to range between USD 5,450-5,550/mt during Asian trading hours on Friday and SHFE 1703 copper will move at RMB 45,000-45,700/mt.
SHANGHAI, Dec. 30 (SMM) – LME copper is expected to range between USD 5,450-5,550/mt during Asian trading hours on Friday and SHFE 1703 copper will move at RMB 45,000-45,700/mt.
In China’s domestic market, spot copper should trade at discounts of RMB 250-170/mt on Friday.
SHFE copper
LME copper
copper prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.
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