LME Copper to Enter Downward Track (2016-6-17)

Published: Jun 17, 2016 09:25

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LME copper will fall back to USD 4,525-4,585/mt during Asian trading hours Friday.

SHANGHAI, Jun. 17 (SMM) – LME copper will fall back to USD 4,525-4,585/mt during Asian trading hours Friday.

SHFE 1608 copper will fluctuate between RMB 35,200-35,550/mt on Jun. 17. Spot copper in China will be offered at premiums of RMB 80-120/mt against SHFE 1607 copper.

Key Macroeconomic Indicators for Base Metal Prices (2016-6-17)

LME copper prices SHFE copper prices Cu price

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.

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