LME Copper to Move Lower (2017-3-14)

Published: Mar 14, 2017 09:36
LME copper will trade at USD 5,780-5,820/mt on Tuesday and SHFE 1705 copper will move at RMB 47,200-47,700/mt.

SHANGHAI, Mar. 14 (SMM) – LME copper will trade at USD 5,780-5,820/mt on Tuesday and SHFE 1705 copper will move at RMB 47,200-47,700/mt.

In China’s domestic market, spot copper should trade at discounts of RMB 60/mt to premiums of RMB 50/mt on Tuesday.

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn