LME Copper to Move Higher (2017-6-19)

Published: Jun 19, 2017 09:19

Save

LME copper will trade at USD 5,655-5,690/mt and SHFE 1708 copper will fluctuate between RMB 45,400-45,700/mt on Monday.

SHANGHAIM, Jun. 19 (SMM) – LME copper will trade at USD 5,655-5,690/mt and SHFE 1708 copper will fluctuate between RMB 45,400-45,700/mt on Monday.

In China’s domestic market, capital will dominate the market in late June. Spot copper should trade at discounts of RMB 100-50/mt on Monday.

SHFE copper LME copper copper prices

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

11 hours ago

Macro Sentiment Wavered, BC Copper Closed Flat After Wide Intraday Swings [SMM BC Copper Commentary]

11 hours ago

South Korea to Exempt Tariffs on Overseas-Sourced Critical Minerals

On the 25th, it was confirmed that the South Korean government will exempt tariffs of 3–8% on critical minerals such as lithium, graphite, and rare earth elements when domestically owned companies directly produce and import them from overseas. The Ministry of Trade, Industry and Energy has pre-announced a new regulation outlining tariff exemptions for overseas resource development projects. Under the policy, a total of 14 critical minerals—including lithium, graphite, nickel, cobalt, manganese, copper, zinc, and rare earth elements such as lanthanum, cerium, neodymium, terbium, dysprosium, yttrium, and scandium—will be eligible for duty exemption when brought into the country. The regulation is set to take effect on April 3.

11 hours ago

13 hours ago

Data: SHFE, DCE market movement (Mar 26)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 26 Mar , 2026

13 hours ago