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Home / Metal News / LME Copper to Consolidate at Highs (2016-7-1)

LME Copper to Consolidate at Highs (2016-7-1)

Jul 1, 2016 09:32

Source:SMM

LME copper will consolidate at highs of USD 4,810-4,860mt during Asian trading hours Friday with growing sell-off pressure.

SHANGHAI, Jul. 1 (SMM) – LME copper will consolidate at highs of USD 4,810-4,860mt during Asian trading hours Friday with growing sell-off pressure.

SHFE 1608 copper will fluctuate between RMB 37,100-37,600/mt on Jul. 1. Spot copper in China will be offered at premiums of RMB 0-50/mt against SHFE 1607 copper.

Key Macroeconomic Indicators for Base Metal Prices (2016-7-1)

LME copper prices

SHFE copper prices

.Cu prices

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