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

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

Price Review & Forecast 09:00:50AM Jul 27, 2017 Source:SMM

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.

Key Words:  SHFE copper  LME copper  copper prices 

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

Price Review & Forecast 09:00:50AM Jul 27, 2017 Source:SMM

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.

Key Words:  SHFE copper  LME copper  copper prices