SHANGHAI, Jun. 8 (SMM) – Declines in LME copper should narrow on Wednesday and LME copper will fluctuate between USD 4,565-4,610/mt.
LME copper inventories jumped for two days by 21% and this allows shorts to gather strength.
SHFE 1608 copper will fluctuate between RMB 35,100-35,350/mt on Jun. 8. Spot copper in China will be offered at premiums of RMB 120-160/mt against SHFE 1606 copper.
Key Macroeconomic Indicators for Base Metal Prices (2016-6-8)



