LME Copper to Stay Range-Bound (2017-5-18)

Published: May 18, 2017 09:11
LME copper will move at USD 5,570-5,620/mt during Asian trading hours on Thursday and SHFE 1707 copper will move at RMB 45,200-45,600/mt.

SHANGHAI, May 18 (SMM) – LME copper will move at USD 5,570-5,620/mt during Asian trading hours on Thursday and SHFE 1707 copper will move at RMB 45,200-45,600/mt.

In China’s domestic market, spot copper should trade at discounts of RMB 50-0/mt on Thursday.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn