LME Copper to See Range-Bound Trading (2017-1-5)

Published: Jan 5, 2017 10:06
LME copper is expected to move at USD 5,550-5,650/mt during Asian trading hours on Thursday and SHFE 1703 copper will move at RMB 45,500-46,100/mt.

SHANGHAI, Jan. 5 (SMM) – LME copper is expected to move at USD 5,550-5,650/mt during Asian trading hours on Thursday and SHFE 1703 copper will move at RMB 45,500-46,100/mt.

In China’s domestic market, spot copper should trade at discounts of RMB 140-60/mt on Thursday.

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LME Copper to See Range-Bound Trading (2017-1-5) - Shanghai Metals Market (SMM)