LME Copper to Consolidate at Highs (2016-7-13)
LME copper will hold firm and range USD 4,850-4,910/mt during Asian trading hours Wednesday.
SHANGHAI, Jul. 13 (SMM) – LME copper will hold firm and range USD 4,850-4,910/mt during Asian trading hours Wednesday.
SHFE 1609 copper will fluctuate between RMB 37,800-38,300/mt on Jul. 13. Spot copper in China will be offered at discounts of RMB 50/mt and premiums of RMB 20/mt above SHFE 1607 copper.
Key Macroeconomic Indicators for Base Metal Prices (2016-7-13)
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.
