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

Price Review & Forecast 09:19:33AM Jun 19, 2017 Source:SMM

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.

Relative News

Price

#1 Refined Cu

Oct.15

46985.0

-95.0

(-0.20%)

Standard-Grade Copper

Oct.15

46980.0

-90.0

(-0.19%)

High-Grade Copper

Oct.15

46990.0

-100.0

(-0.21%)

Guixi copper

Oct.15

46995.0

-105.0

(-0.22%)

Low-quality copper

Oct.15

46935.0

-90.0

(-0.19%)

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

Price Review & Forecast 09:19:33AM Jun 19, 2017 Source:SMM

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.