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Home / Metal News / SHFE Copper to Fluctuate at Lows (2017-5-5)

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

iconMay 5, 2017 09:06
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
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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