SHANGHAI, Nov. 25 (SMM) – Given the back of Turkey-Russia tensions, LME copper will bounce back to USD 4,580-4,640/mt during Asian trading hours Wednesday.
See forecast for other base metals, please click:Shanghai Base Metals to See Short-Covering Rally, SMM Says
SHFE 1601 copper should range between RMB 34,500-35,100/mt on Nov. 25 and spot copper will trade between discounts of RMB 50/mt and premiums of RMB 30/mt against SHFE 1512 copper.
Key Macroeconomic Indicators for Base Metal Prices (2015-11-25)