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The domestic copper prices still have room to fall
2018-7-5

July 5 (LTIT) –Months of struggling with economic problems at home and bickering with president Trump over trade are starting to take their toll on China’s market health.

 

China’s metal futures market has now fallen greatly. Today, the copper and zinc prices of SHFE have fallen close to levels not seen since one year ago. As the probability of weakening economic data increases in June, and the continuation of Sino-US trade disputes, LTIT consider, the domestic copper prices still have room to fall.

 

 

 

 
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2024-5-8
Item
SHFE
Change
Cu
288340
+842
Al
222585
-1274
Zn
128642
+850
Item
LME
Change
Cu
106000
-1350
Al
482600
-3450
Zn
252750
-975
Ni
79872
-24
2023-5-15
1 USD=
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7.8800
Inverse:
0.12690
1 GBP=
8.6373
Inverse:
0.11578
1 AUD=
5.2589
Inverse:
0.19015
   
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