SHANGHAI, Jul. 19 (SMM) – LME copper will narrowly range USD 4,890-4,940/mt during Asian trading hours Tuesday.
Bearishness prevails in commodity market and the risk aversion sentiment will curb upside room for base metal prices.
SHFE 1609 copper will fluctuate between RMB 38,000-38,500/mt on Jul. 19. Spot copper in China will be offered at discounts of RMB 0-50/mt against SHFE 1608 copper.