LME Copper to See Range-Bound Trading (2017-3-3)

Published: Mar 3, 2017 09:25
LME copper will trade at USD 5,900-5,980/mt on Friday and SHFE 1704 copper will move at RMB 47,900-48,500/mt.

SHANGHAI, Mar. 3 (SMM) – LME copper will trade at USD 5,900-5,980/mt on Friday and SHFE 1704 copper will move at RMB 47,900-48,500/mt.

In China’s domestic market, spot copper should trade at discounts of RMB 250-130/mt on Friday.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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