LME Copper to Move in a Tight Range (2017-5-12)

Published: May 12, 2017 09:31
LME copper will move at USD 5,500-5,550/mt during Asian trading hours on Friday and SHFE 1707 copper will move at RMB 44,900-45,300/mt.

SHANGHAI, May 12 (SMM) – LME copper will move at USD 5,500-5,550/mt during Asian trading hours on Friday and SHFE 1707 copper will move at RMB 44,900-45,300/mt.

In China’s domestic market, spot copper should trade at premiums of RMB 20-60/mt on Friday.

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