LME Copper to See Range-Bound Trading (2017-6-1)

Published: Jun 1, 2017 09:38
LME copper will move at USD 5,640-5,695/mt during Asian trading hours on Thursday and SHFE 1707 copper will move at RMB 45,100-45,600/mt.

SHANGHAI, Jun. 1 (SMM) – LME copper will move at USD 5,640-5,695/mt during Asian trading hours on Thursday and SHFE 1707 copper will move at RMB 45,100-45,600/mt.

In China’s domestic market, spot copper should trade at discounts of RMB 70-20/mt on Thursday.

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.

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