SHANGHAI, Apr. 1 (SMM) – In the coming week, SHFE will see a shorter trading week for the 2017 Chinese Qingming Festival from Apr. 2-4. Cash liquidity is expected to gradually improve with the beginning of new month. Domestic downstream producers are also expected to replenish goods after the holiday.
LME 3-M |
SHFE 3-M |
Spot Premiums/Discounts |
|
Copper |
5700~5900 |
46200~47500 |
(-100)~(-50) |
Aluminum |
1940~2000 |
13700~14300 |
(~220)~(~140) |
Zinc |
2790~2890 |
22800~23800 |
(~80)~(~30) |
Lead |
2300~2360 |
16800~17500 |
(~200)~(100) |
Tin |
19300~20100 |
140000~144000 |
140000~143000 (spot price) |
Nickel |
9850~10300 |
83500~86500 |
(~600)~600 |
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