RXM rex minerals limited

Noted today a **promotion blocked** news report on rising copper price "**promotion blocked**...

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    Noted today a **promotion blocked** news report on rising copper price

    "**promotion blocked** News

    MELBOURNE, Sept 7 (Reuters) - London copper edged back towards three-year highs on Thursday as the dollar lost ground against the euro ahead of a European Monetary policy meeting later, while a brighter outlook for global manufacturing growth underpinned prices.

    FUNDAMENTALS
    * LME COPPER: London Metal Exchange copper edged up 0.3 percent to $6,924 a tonne by 0142 GMT, having closed flat in the previous session. Prices on Tuesday hit the highest since September 2014 at $6,970 a tonne amid a global expansion in manufacturing activity.
    * SHFE COPPER: Shanghai Futures Exchange copper traded little changed at 53,150 yuan ($8,146) a tonne."

    If my calculating is correct the LME price is $3.0991 and the SFE price is $3.6366 so I wonder if the Shanghai futures players know more than we do.

    Can anyone help please?
 
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