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Home / Metal News / Shanghai Copper Premiums to Stagnate (2017-9-29)

Shanghai Copper Premiums to Stagnate (2017-9-29)

Sep 29, 2017 09:15

LME copper has entered a new trading range and will move at USD 6,490-6,570/mt today.

SHANGHAI, Sept. 29 (SMM) – LME copper has entered a new trading range and will move at USD 6,490-6,570/mt today. SHFE 1711 copper will move at RMB 50,800-51,500/mt. Spot premiums will stagnate at RMB 120-170/mt in Shanghai spot market.

SHFE copper prices

copper prices

base metal price forecast

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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Shanghai Copper Premiums to Stagnate (2017-9-29)

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