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

Published: Jul 1, 2016 09:32
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 pricesSHFE copper prices.Cu prices

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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