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Home / Metal News / LME Copper to Move in a Tight Range (2016-7-11)

LME Copper to Move in a Tight Range (2016-7-11)

Jul 11, 2016 09:17

Source:SMM

LME copper will narrowly range USD 4,670-4,720/mt during Asian trading hours Monday.

SHANGHAI, Jul. 11 (SMM) – LME copper will narrowly range USD 4,670-4,720/mt during Asian trading hours Monday.

US nonfarm payrolls for June were upbeat and this slightly eases panic sentiment in market.

SHFE 1609 copper will fluctuate between RMB 36,400-36,750/mt on Jul. 11. Spot copper in China will be offered RMB 30-80/mt above SHFE 1607 copper.

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