SHFE Copper to Strengthen (2017-5-8)-Shanghai Metals Market

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SHFE Copper to Strengthen (2017-5-8)

Price Review & Forecast 09:22:15AM May 08, 2017 Source:SMM

SHANGHAI, May 8 (SMM) – LME copper will move at USD 5,550-5,620/mt during Asian trading hours on Monday and SHFE 1706 copper will move at RMB 45,150-45,600/mt.

In China’s domestic market, spot copper should trade at premiums of RMB 50-100/mt on Monday.

Key Words:  SHFE copper  LME copper  copper prices 

SHFE Copper to Strengthen (2017-5-8)

Price Review & Forecast 09:22:15AM May 08, 2017 Source:SMM

SHANGHAI, May 8 (SMM) – LME copper will move at USD 5,550-5,620/mt during Asian trading hours on Monday and SHFE 1706 copper will move at RMB 45,150-45,600/mt.

In China’s domestic market, spot copper should trade at premiums of RMB 50-100/mt on Monday.

Key Words:  SHFE copper  LME copper  copper prices