LME Copper to See Range-Bound Trading (2017-6-26)

Published: Jun 26, 2017 09:11

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LME copper will trade at USD 5,760-5,810/mt and SHFE 1708 copper will fluctuate between RMB 46,000-46,600/mt on Monday.

SHANGHAIM, Jun. 26 (SMM) – Global manufacturing sector is likely to recover, shoring up commodity prices. LME copper will trade at USD 5,760-5,810/mt and SHFE 1708 copper will fluctuate between RMB 46,000-46,600/mt on Monday.

In China’s domestic market, discounts of spot copper should widen to RMB 160-120/mt on Monday.

SHFE copper LME copper copper prices

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