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

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

Price Review & Forecast 09:34:41AM Jun 21, 2017 Source:SMM

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.

Key Words:  SHFE copper  LME copper  copper prices 

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

Price Review & Forecast 09:34:41AM Jun 21, 2017 Source:SMM

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.

Key Words:  SHFE copper  LME copper  copper prices