LME Copper to Move Higher (2017-8-15)

Published: Aug 15, 2017 09:19
LME copper will trade at USD 6,370-6,420/mt on Monday, and SHFE 1710 copper will fluctuate between RMB 50,000-50,300/mt.

SHANGHAI, Aug. 15 (SMM) – LME copper will trade at USD 6,370-6,420/mt on Monday, and SHFE 1710 copper will fluctuate between RMB 50,000-50,300/mt.

In China’s domestic market, traders make firm offers, and spot copper should trade at premiums of RMB 30-80/mt.

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

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn