SHFE Copper to See Range-Bound Trading (2017-1-16)

Jan 16, 2017 09:57

LME copper is expected to move at USD 5,850-5,920/mt during Asian trading hours on Monday and SHFE 1703 copper will move at RMB 47,700-48,200/mt.

SHANGHAI, Jan. 16 (SMM) – LME copper is expected to move at USD 5,850-5,920/mt during Asian trading hours on Monday and SHFE 1703 copper will move at RMB 47,700-48,200/mt.

In China’s domestic market, spot copper should trade at discounts of RMB 150-50/mt on Monday.

SHFE copper

LME copper

copper prices

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SHFE Copper to See Range-Bound Trading (2017-1-16)

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