SHANGHAI, Aug. 15 (SMM) – LME copper will fluctuate at lows of USD 4,740-4,790/mt during Asian trading hours Monday.
Poor reading of China’s economic figures will drag down copper prices while US dollar finds support currently.
SHFE 1610 copper will fluctuate between RMB 36,950-37,400/mt on Aug. 15. Spot copper in China will be offered at premiums of RMB 0-110/mt against SHFE 1608 copper.