The contango of SHFE copper contracts expanded to 150-120 yuan/mt on February 9.
Trades were lukewarm as sellers and buyers are at odds over spot quotes next week. Spot copper is expected to be quoted above SHFE copper next week.
The contango of SHFE copper contracts expanded to 150-120 yuan/mt on February 9.
Trades were lukewarm as sellers and buyers are at odds over spot quotes next week. Spot copper is expected to be quoted above SHFE copper next week.
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