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SHFE Copper to Remain Range-Bound Trading (2017-1-11)

iconJan 11, 2017 09:31
LME copper is expected to move at USD 5,640-5,750/mt during Asian trading hours on Wednesday and SHFE 1703 copper will move at RMB 46,000-47,000/mt.

SHANGHAI, Jan. 11 (SMM) – LME copper is expected to move at USD 5,640-5,750/mt during Asian trading hours on Wednesday and SHFE 1703 copper will move at RMB 46,000-47,000/mt.

In China’s domestic market, spot copper should trade at premiums of RMB 0-80/mt on Wednesday.

SHFE copper
LME copper
copper prices
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