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LME Copper to Hover at Highs (2017-7-27)

iconJul 27, 2017 09:00
Source:SMM
LME copper will trade at USD 6,295-6,350/mt on Thursday and SHFE 1709 copper will fluctuate between RMB 50,000-50,500/mt.

SHANGHAIM, Jul. 27 (SMM) – LME copper will trade at USD 6,295-6,350/mt on Thursday and SHFE 1709 copper will fluctuate between RMB 50,000-50,500/mt. Attention should be on a possible decline after longs take profits.

In China’s domestic market, spot copper should trade at discounts of RMB 100-50/mt.

SHFE copper
LME copper
copper prices

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