SHANGHAI, Jul. 18 (SMM) –LME copper will move at highs of USD 5,980-6,030/mt on positive technical side and rising risk appetite. SHFE 1709 copper failed to break through RMB 48,000/mt overnight and may fall back to RMB 47,700-48,100/mt.
In domestic spot market, spot discounts will widen to RMB 70-140/mt.
Key Macroeconomic Indicators for Base Metal Prices (2017-7-18)
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