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SHANGHAI, Aug. 10 (SMM) – Copper prices will not drop sharply in a short term, and will increase again after brief correction. LME copper will trade at USD 6,430-6,485/mt on Thursday, and SHFE 1710 copper will fluctuate between RMB 50,650-51,100/mt.
In China’s domestic market, traders make firm offers, and spot copper should trade at discounts of RMB 50/mt to premiums of RMB 10/mt.
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