LME Copper to Move Lower (2016-7-6)

Published: Jul 6, 2016 09:28

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LME copper will fall to USD 4,790-4,830/mt during Asian trading hours Wednesday due to firmer dollar and softer crude oil.

SHANGHAI, Jul. 6 (SMM) – LME copper will fall to USD 4,790-4,830/mt during Asian trading hours Wednesday due to firmer dollar and softer crude oil.

SHFE 1608 copper will fluctuate between RMB 37,100-37,500/mt on Jul. 6. Spot copper in China will be offered RMB 0-50/mt above SHFE 1607 copper.

Key Macroeconomic Indicators for Base Metal Prices (2016-7-6)

SHFE copper prices LME 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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