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Home / Metal News / LME Copper to Remain in Upward Track (2017-8-1)

LME Copper to Remain in Upward Track (2017-8-1)

Aug 1, 2017 09:13

Source:SMM

LME copper will rise to USD 6,370-6,420mt on Tuesday and SHFE 1709 copper will fluctuate between RMB 50,350-50,850/mt.

SHANGHAI, Aug. 1 (SMM) – LME copper will rise to USD 6,370-6,420mt on Tuesday and SHFE 1709 copper will fluctuate between RMB 50,350-50,850/mt.

In China’s domestic market, spot copper should trade at discounts of RMB 100-70/mt.

SHFE copper

LME copper

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LME copper will trade at USD 6,430-6,475/mt on Friday, and SHFE 1710 copper will fluctuate at RMB 50,500-50,950/mt.

Aug 18, 2017 09:28

SMM Comments

LME Copper to Remain in Upward Track (2017-8-18)

LME Copper Shoots Up 4% on China’s “Category 7” Scrap Metal Import Prohibition, SMM Reports

LME copper surged by 4% with the news of “category 7” scrap metals import prohibition releasing.

Jul 26, 2017 14:35

SMM Insight

LME Copper Shoots Up 4% on China’s “Category 7” Scrap Metal Import Prohibition, SMM Reports

Spot Copper Concentrate TCs Stabilize as Smelters Hold Sufficient Raw Materials, SMM Reports

TCs of spot imported copper concentrate were largely steady this past week. SMM quotes for spot TCs were $80-85 per tonne on Friday.

Jul 21, 2017 14:36

SMM Insight Industry

Spot Copper Concentrate TCs Stabilize as Smelters Hold Sufficient Raw Materials, SMM Reports

SHFE Copper Closes with Gains (2017-7-19)

SHFE 1709 copper opened at RMB 47,750/mt and closed at RMB 47,960/mt, up RMB 120/mt.

Jul 19, 2017 16:20

SMM Comments

SHFE Copper Closes with Gains (2017-7-19)

SHFE Copper Closes with Big Gains (2017-7-12)

SHFE 1709 copper opened at RMB 47,330/mt and closed at RMB 47,250/mt, up RMB 410/mt.

Jul 12, 2017 18:16

SMM Comments

SHFE Copper Closes with Big Gains (2017-7-12)

LME Copper to Stay Firm (2017-7-12)

LME copper will stay firm on Wednesday with price range at USD 5,860-5,900/mt, and SHFE 1709 copper will fluctuate between RMB 46,900-47,400/mt on Wednesday after rallying on Tuesday’s night trading.

Jul 12, 2017 09:44

SMM Comments

LME Copper to Strengthen (2017-6-28)

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.

Jun 28, 2017 09:27

SMM Comments

LME Copper to See Range-Bound Trading (2017-6-26)

LME copper will trade at USD 5,760-5,810/mt and SHFE 1708 copper will fluctuate between RMB 46,000-46,600/mt on Monday.

Jun 26, 2017 09:11

SMM Comments

LME Copper to See Range-Bound Trading (2017-6-26)

LME Copper to Move Higher (2017-6-19)

LME copper will trade at USD 5,655-5,690/mt and SHFE 1708 copper will fluctuate between RMB 45,400-45,700/mt on Monday.

Jun 19, 2017 09:19

SMM Comments

LME Copper to Move Lower (2017-5-4)

LME copper will move at USD 5,560-5,610/mt during Asian trading hours on Thursday and SHFE 1706 copper will move at RMB 45,400-45,800/mt.

May 4, 2017 09:36

SMM Comments

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LME Copper to Remain in Upward Track (2017-8-1)

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2024 NET ZERO CHINA FIELD TRIP

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