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DashboardDatabaseProReportsEventsConsultingSHANGHAI, Oct. 17 (SMM) –LME copper will build upward momentum and move between $5,200-5,400 per tonne next week, Shanghai Metals Market foresees.
Technically, the 10-day and 60-day moving averages will offer solid support.
SHFE 1512 copper will range 39,300-40,700 yuan per tonne as market sentiment is improving. Rising Chinese A share market has cheered market up. Recent feeble Chinese economic data are keeping hopes high for more stimulus measures.
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