SHANGHAI, Dec. 2 (SMM) – LME copper will grow to USD 4,580-4,640/mt during Asian trading hours Wednesday.
See forecast for other base metals, please click:Shanghai Base Metal Prices to Get Support from Cut News, SMM Says
SHFE 1602 copper shifted to the most active contract on Tuesday night and the contract should range between RMB 35,000-35,600/mt on Dec. 12. In China’s spot market, cargo holders hold price firm and spot premiums of RMB 10-70/mt are expected over SHFE 1511 copper.
Key Macroeconomic Indicators for Base Metal Prices (2015-12-2)
![[SMM Analysis] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.](https://imgqn.smm.cn/usercenter/CWsEw20251217171732.jpeg)

