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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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2025-4-29
Item
SHFE
Change
Cu
116753
-54858
Al
178597
-11871
Zn
51378
-7207
Item
LME
Change
Cu
202500
-300
Al
417575
-2000
Zn
177550
-1775
Ni
201564
+138
2023-5-15
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1 AUD=
5.2589
Inverse:
0.19015
   
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