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EventsConsultingLME Copper to See Range-Bound Trading (2017-6-26)
Jun 26,2017 09:11
CSTSMM Comments
Source:SMM
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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