SHANGHAI, Jun. 7 (SMM) – LME copper will move at USD 5,600-5,635/mt during Asian trading hours on Wednesday and SHFE 1708 copper will move at RMB 44,900-45,200/mt.
In China’s domestic market, spot copper should trade at discounts of RMB 20/mt to premiums of RMB 20/mt on Wednesday.
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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