LME Copper to Move Higher (2017-6-29)

Published: Jun 29, 2017 09:21
LME copper will keep rising and trade at USD 5,840-5,885/mt on Thursday and SHFE 1708 copper will fluctuate between RMB 46,750-47,050/mt.

SHANGHAIM, Jun. 29 (SMM) – LME copper will keep rising and trade at USD 5,840-5,885/mt on Thursday and SHFE 1708 copper will fluctuate between RMB 46,750-47,050/mt.

In China’s domestic market, discounts of spot copper will narrow to RMB 140-90/mt on Thursday.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn