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

Price Review & Forecast 09:21:04AM Jun 29, 2017 Source:SMM

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.

Key Words: SHFE copper LME copper copper prices

Relative News

Price

#1 Refined Cu

Oct.16

46915.0

-70.0

(-0.15%)

Standard-Grade Copper

Oct.16

46905.0

-75.0

(-0.16%)

High-Grade Copper

Oct.16

46925.0

-65.0

(-0.14%)

Guixi copper

Oct.16

46930.0

-65.0

(-0.14%)

Low-quality copper

Oct.16

46875.0

-60.0

(-0.13%)

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

Price Review & Forecast 09:21:04AM Jun 29, 2017 Source:SMM

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.

Key Words: SHFE copper LME copper copper prices