SHANGHAI, Jul. 25 (SMM) – LME copper will narrowly range USD 4,900-4,950/mt during Asian trading hours Monday.
US dollar returns to gains while crude oil continues weakening.
SHFE 1609 copper will fluctuate between RMB 37,700-38,200/mt on Jul. 25. Spot copper in China will be offered at discounts of RMB 50/mt and premiums of RMB 10/mt against SHFE 1608 copper.