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Home / Metal News / LME Copper to Average $5,200 in 2016, SMM Predicts at Annual Summit

LME Copper to Average $5,200 in 2016, SMM Predicts at Annual Summit

Nov 13, 2015 16:38

Source:SMM

LME copper price is expected to average at $5,200 in 2016, SMM predicts at its 2015 summit in Shanghai.

SHANGHAI, Nov. 13 (SMM) – LME copper price is expected to average at $5,200 in 2016, SMM predicts at its 2015 summit in Shanghai.

“LME copper will trade in the range of $4,500-6,000 per tonne in 2016, with low level expected in Q1 and Q4,” SMM’s copper analyst estimates at the annual summit on Nov. 12-13.

More stories of SMM Summit are coming soon!

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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LME Copper to Average $5,200 in 2016, SMM Predicts at Annual Summit

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