LME Copper to Stay Range-Bound (2017-6-7)-Shanghai Metals Market

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LME Copper to Stay Range-Bound (2017-6-7)

Price Review & Forecast 09:21:00AM Jun 07, 2017 Source:SMM

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.

Key Words:  SHFE copper  LME copper  copper prices 

LME Copper to Stay Range-Bound (2017-6-7)

Price Review & Forecast 09:21:00AM Jun 07, 2017 Source:SMM

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.

Key Words:  SHFE copper  LME copper  copper prices