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

Published: Nov 13, 2015 16:38

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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.

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