LME Copper to Strengthen (2017-6-28)

Published: Jun 28, 2017 09:27

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LME copper will keep rising and trade at USD 5,810-5,850/mt on Wednesday and SHFE 1708 copper will fluctuate between RMB 46,600-47,000/mt.

SHANGHAIM, Jun. 28 (SMM) – LME copper will keep rising and trade at USD 5,810-5,850/mt on Wednesday and SHFE 1708 copper will fluctuate between RMB 46,600-47,000/mt.

In China’s domestic market, some traders give firm offers in face of sharp rise in SHFE 1708 copper. Spot copper should trade at discounts of RMB 160-120/mt on Wednesday.

SHFE copper LME copper copper prices

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