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Home / Metal News / LME Copper to Consolidate at Highs (2016-8-17)

LME Copper to Consolidate at Highs (2016-8-17)

Aug 17, 2016 09:19

Source:SMM

LME copper will fluctuate at highs of USD 4,785-4,835/mt during Asian trading hours Wednesday.

SHANGHAI, Aug. 17 (SMM) – LME copper will fluctuate at highs of USD 4,785-4,835/mt during Asian trading hours Wednesday.

US dollar will face upward correction following losses while crude oil fluctuating at highs.

SHFE 1610 copper will fluctuate between RMB 37,250-37,700/mt on Aug. 17. Spot copper in China will be offered between discounts of RMB 30/mt and premiums of RMB 40/mt against SHFE 1609 copper.

LME copper prices

SHFE copper prices

.Cu prices

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