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Home / Metal News / LME Copper to Extend Gains (2015-11-25)

LME Copper to Extend Gains (2015-11-25)

Nov 25, 2015 09:36

Source:SMM

Given the back of Turkey-Russia tensions, LME copper will bounce back to USD 4,580-4,640/mt during Asian trading hours Wednesday.

SHANGHAI, Nov. 25 (SMM) – Given the back of Turkey-Russia tensions, LME copper will bounce back to USD 4,580-4,640/mt during Asian trading hours Wednesday.

See forecast for other base metals, please click:Shanghai Base Metals to See Short-Covering Rally, SMM Says

SHFE 1601 copper should range between RMB 34,500-35,100/mt on Nov. 25 and spot copper will trade between discounts of RMB 50/mt and premiums of RMB 30/mt against SHFE 1512 copper.

Key Macroeconomic Indicators for Base Metal Prices (2015-11-25)

LME copper price

SHFE copper prices

Cu price

copper prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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LME Copper to Extend Gains (2015-11-25)

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