Home / Metal News / LME Copper to Stage Corrections after Rapid Growth (2017-8-9)

LME Copper to Stage Corrections after Rapid Growth (2017-8-9)

iconAug 9, 2017 09:19
LME copper will trade at USD 6,445-6,500/mt on Wednesday, and SHFE 1710 copper will fluctuate between RMB 51,000-51,500/mt.

SHANGHAI, Aug. 9 (SMM) – LME copper will trade at USD 6,445-6,500/mt on Wednesday, and SHFE 1710 copper will fluctuate between RMB 51,000-51,500/mt.

In China’s domestic market, spot copper should trade at discounts of RMB 60-20/mt.

SHFE copper
LME copper
copper prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news