SHANGHAI, Dec. 8 (SMM) – LME copper will stay weak at USD 4,540-4,580/mt during Asian trading hours Tuesday given falling crude oil prices and China’s disappointing data.
See forecast for other base metals, please click: Shanghai Base Metal Prices to Stay Weak, SMM Says
SHFE 1602 copper should range between RMB 34,650-35,950/mt on Dec. 8 and spot discounts of RMB 0-50/mt are expected against SHFE front-month contract.
Key Macroeconomic Indicators for Base Metal Prices (2015-12-8)