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

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

Price Review & Forecast 09:25:20AM Jun 17, 2016 Source:SMM

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 to Enter Downward Track (2016-6-17)

Price Review & Forecast 09:25:20AM Jun 17, 2016 Source:SMM

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)