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

Published: Aug 18, 2017 09:28
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.

SHANGHAI, Aug. 18 (SMM) – 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.

In China’s domestic market, traders make firm offers, and spot copper should trade at discounts of RMB 120-90/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.

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