SHFE Copper to Fluctuate at Lows (2017-5-5)

Published: May 5, 2017 09:06

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Copper prices will fluctuate at lows in a short term. LME copper will move at USD 5,500-5,560/mt during Asian trading hours on Friday and SHFE 1706 copper will move at RMB 44,850-45,200/mt.

SHANGHAI, May 5 (SMM) – Copper prices will fluctuate at lows in a short term. LME copper will move at USD 5,500-5,560/mt during Asian trading hours on Friday and SHFE 1706 copper will move at RMB 44,850-45,200/mt.

In China’s domestic market, spot copper should trade at premiums of RMB 60-100/mt on Friday.

SHFE copper LME copper copper prices

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