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)

Key Words: LME copper prices SHFE copper prices Cu price

Relative News

Price

1# Zinc

Sep.20

19010.0

-70.0

(-0.37%)

0# Zinc

Sep.20

19080.0

-70.0

(-0.37%)

T/C for domestic zinc concentrate

Sep.01

6325.0

0.0

(0.00%)

T/C for imported zinc concentrate

Sep.01

280.0

40.0

(16.67%)

Zinc Alloy (Zamak3/ZX01)

Sep.20

19980.0

-70.0

(-0.35%)

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)

Key Words: LME copper prices SHFE copper prices Cu price