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LME Copper to Rise Further (2017-9-7)
Sep 7,2017 09:47CST
SMM Comments
Source:SMM
Market will eye policy decision of ECB today.

SHANGHAI, Sep. 7 (SMM) – Market will eye policy decision of ECB today. LME copper will rise further t USD 6,900-6,950/mt on a weaker dollar, but may face pressure from possible profit taking by longs. SHFE 1711 copper will move at RMB 53,100-53,450/mt.    

In domestic spot market, spot premiums of RMB 20-70/mt are expected. 


 

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