LME Copper to Move in Tight Range (2017-6-5)-Shanghai Metals Market

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LME Copper to Move in Tight Range (2017-6-5)

Price Review & Forecast 09:31:03AM Jun 05, 2017 Source:SMM

SHANGHAI, Jun. 5 (SMM) – LME copper will move at USD 5,640-5,675/mt during Asian trading hours on Monday and SHFE 1708 copper will move at RMB 45,100-45,500/mt.

In China’s domestic market, spot copper should trade at discounts of RMB 50/mt to premiums of RMB 10/mt on Monday.

Key Words:  SHFE copper  LME copper  copper prices 

LME Copper to Move in Tight Range (2017-6-5)

Price Review & Forecast 09:31:03AM Jun 05, 2017 Source:SMM

SHANGHAI, Jun. 5 (SMM) – LME copper will move at USD 5,640-5,675/mt during Asian trading hours on Monday and SHFE 1708 copper will move at RMB 45,100-45,500/mt.

In China’s domestic market, spot copper should trade at discounts of RMB 50/mt to premiums of RMB 10/mt on Monday.

Key Words:  SHFE copper  LME copper  copper prices