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Home / Metal News / LME Copper to See Range-Bound Trading (2017-6-21)

LME Copper to See Range-Bound Trading (2017-6-21)

Jun 21, 2017 09:34

Source:SMM

LME copper will trade at USD 5,630-5,670/mt and SHFE 1708 copper will fluctuate between RMB 45,200-45,600/mt on Wednesday.

SHANGHAIM, Jun. 21 (SMM) – LME copper will trade at USD 5,630-5,670/mt and SHFE 1708 copper will fluctuate between RMB 45,200-45,600/mt on Wednesday.

In China’s domestic market, discounts of spot copper should widen to RMB 150-100/mt on Wednesday with strong cash demand by suppliers.

SHFE copper

LME copper

copper prices

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