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Home / Metal News / LME Copper to Fall Back (2016-6-15)

LME Copper to Fall Back (2016-6-15)

Jun 15, 2016 09:41

Source:SMM

LME copper will slide to USD 4,510-4,560/mt during Asian trading hours Wednesday due to firmer dollar and softer crude oil prices.

SHANGHAI, Jun. 15 (SMM) – LME copper will slide to USD 4,510-4,560/mt during Asian trading hours Wednesday due to firmer dollar and softer crude oil prices.

SHFE 1608 copper will fluctuate between RMB 35,000-35,350/mt on Jun. 15. Spot copper in China will be offered at premiums of RMB 0-60/mt against SHFE 1606 copper.

Key Macroeconomic Indicators for Base Metal Prices (2016-6-15)

LME copper prices

SHFE copper prices

Cu price

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Spot premiums were 0-70 yuan per tonne over SHFE front-month copper on October 31, SMM reported.

Oct 31, 2017 13:24

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LME Copper to Fall Back (2016-6-15)

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