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Home / Metal News / LME Copper Faces Weakness (2015-12-8)

LME Copper Faces Weakness (2015-12-8)

Dec 8, 2015 09:49

Source:SMM

LME copper will stay weak at USD 4,540-4,580/mt during Asian trading hours Tuesday given falling crude oil prices and China’s disappointing data.

SHANGHAI, Dec. 8 (SMM) – LME copper will stay weak at USD 4,540-4,580/mt during Asian trading hours Tuesday given falling crude oil prices and China’s disappointing data.

See forecast for other base metals, please click: Shanghai Base Metal Prices to Stay Weak, SMM Says

SHFE 1602 copper should range between RMB 34,650-35,950/mt on Dec. 8 and spot discounts of RMB 0-50/mt are expected against SHFE front-month contract.

Key Macroeconomic Indicators for Base Metal Prices (2015-12-8)

LME copper prices

SHFE copper prices

copper prices

Cu price

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LME Copper Faces Weakness (2015-12-8)

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