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

Published: Aug 1, 2017 09:13
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.

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LME Copper to Remain in Upward Track (2017-8-1) - Shanghai Metals Market (SMM)