Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Coke Coal Pig Iron Steel Billet Finished Steel

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / LME Copper to Range between USD 4,435-4,495/mt (2015-11-24)

LME Copper to Range between USD 4,435-4,495/mt (2015-11-24)

Nov 24, 2015 09:52

LME copper will move at lows between USD 4,435-4,495/mt during Asian trading hours Tuesday.

SHANGHAI, Nov. 24 (SMM) – LME copper will move at lows between USD 4,435-4,495/mt during Asian trading hours Tuesday.

See forecast for other base metals, please click: Shanghai Zinc and Lead to Outperform Others, SMM Says

SHFF 1601 copper should range between RMB 33,200-33,800/mt on Nov. 24 and spot copper will be offered between discounts of RMB 60/mt and premiums of RMB 10/mt.

UD dollar continues to weigh on base metals but news of crude oil and fundamental is expected in market.

Key Macroeconomic Indicators for Base Metal Prices (2015-11-24)

LME copper price

SHFE copper prices

Cu Price

copper price

base metal price forecast

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.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

What's the impact on copper supply from the strike?

Apr 11, 2017 10:34

SMM Insight Industry

Southern Copper to Suffer Small Impact from Strike, SMM Predicts

China Daye Non-Ferrous Metals Mining Suspends Operation of Tailings Pond after Accident

China Daye Non-Ferrous Metals Mining announced in a statement that a breach occurred at northwestern corner of tailings pond at Tonglvshan mine of the company on March 12.

Mar 15, 2017 10:30

Industry Reminder

China Minmetals to Raise Copper Output above 1 million tonnes in Five Years

China Minmetals Corporation will expand production capacity of base metals, with copper and zinc as priority choice, said He Wenbo, Chairman of the company at the NPC&CPPCC sessions.

Mar 7, 2017 15:03

Industry Reminder

China Minmetals to Raise Copper Output above 1 million tonnes in Five Years

Why China Refined Copper Imports Surge 46% MoM in November after Hitting 3-1/2-year Low in October? SMM Reports

China imported 276,730 tonnes of refined copper in November, down 22.9 percent year-on-year, but up 46 percent month-on-month.

Dec 23, 2016 10:30

SMM Insight Industry

Why China Refined Copper Imports Surge 46% MoM in November after Hitting 3-1/2-year Low in October? SMM Reports

SHFE Copper Ends with Losses (2016-9-1)

SHFE 1610 copper started higher at RMB 36,360/mt and ended at RMB 36,530/mt, up RMB 250/mt with positions down 16,964.

Sep 1, 2016 17:37

SMM Comments

LME Copper to Underperform SHFE Copper Next Week, SMM Expects

LME copper will swing widely next week, while SHFE copper is poised for a rebound, SMM expects.

Aug 26, 2016 20:10

SMM Insight

LME Copper to Move in a Tight Range (2016-8-26)

LME copper should fluctuate between USD 4,625-4,665/mt on Friday and SHFE 1610 copper will range between RMB 36,100-36,600/mt. Spot prices are expected to trade at premium of RMB 0-50/mt.

Aug 26, 2016 10:13

SMM Comments

SHFE 1610 Copper Ends with Gains (2016-8-19)

On Thursday’s night trading, SHFE 1610 copper opened higher at RMB 37,480/mt.

Aug 19, 2016 18:55

SMM Comments

SHFE Copper Closes Lower (2016-8-4)

SHFE 1610 copper opened lower at RMB 37,710/mt overnight and then dived to RMB 48,450/mt with shorts gathering strength.

Aug 4, 2016 17:17

SMM Comments

LME Copper to Drift Higher (2016-7-4)

LME copper will grow to USD 4,865-4,925/mt during Asian trading hours Monday thanks to softer dollar and US improved manufacturing industry.

Jul 4, 2016 09:13

SMM Comments

SMM Events & Webinars

All

Sep
15
- NET ZERO CHINA Field Trip
  Sep 15 - 19,2025
  中国
Sep
26
- 2025 ASIA BATTERY MATERIAL COOPERATION SALON
  Sep 26 - 26,2025
  Time：9.26 2025 Place：Seoul， South Korea
  Seoul， South Korea
Oct
14
- SMM LME Metals Seminar 2025
  Oct 14 - 14,2025
  Emmanuel Centre，London , the United Kingdom

LME Copper to Range between USD 4,435-4,495/mt (2015-11-24)

SMM Events & Webinars

NET ZERO CHINA Field Trip

2025 ASIA BATTERY MATERIAL COOPERATION SALON

SMM LME Metals Seminar 2025