SHANGHAI, May 24 (SMM) – SHFE 1607 copper should perform better than LME copper on May 24.
LME copper will fluctuate at USD 4,540-4,580/mt during Asian trading hours Tuesday. SHFE 1607 copper will range RMB 34,950-35,350/mt on May 24 and spot copper will be offered at premiums of RMB30-70/mt against SHFE 1606 copper.
Key Macroeconomic Indicators for Base Metal Prices (2016-5-24)