LME Copper to Stay Range-Bound (2017-6-27)

Price Review & Forecast 09:06:17AM Jun 27, 2017 Source:SMM

SHANGHAIM, Jun. 27 (SMM) – LME copper will trade at USD 5,770-5,820/mt and SHFE 1708 copper will fluctuate between RMB 46,350-46,750/mt on Tuesday.

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

Relative News

Price

#1 Refined Cu

Oct.18

46740.0

40.0

(0.09%)

Standard-Grade Copper

Oct.18

46730.0

40.0

(0.09%)

High-Grade Copper

Oct.18

46750.0

45.0

(0.10%)

Guixi copper

Oct.18

46750.0

40.0

(0.09%)

Low-quality copper

Oct.18

46700.0

45.0

(0.10%)

LME Copper to Stay Range-Bound (2017-6-27)

Price Review & Forecast 09:06:17AM Jun 27, 2017 Source:SMM

SHANGHAIM, Jun. 27 (SMM) – LME copper will trade at USD 5,770-5,820/mt and SHFE 1708 copper will fluctuate between RMB 46,350-46,750/mt on Tuesday.

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