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Home / Metal News / LME Copper to Stay Range-Bound (2015-12-9)

LME Copper to Stay Range-Bound (2015-12-9)

iconDec 9, 2015 09:52
LME copper will move between USD 4,550-4,600/mt during Asian trading hours Wednesday with eyes on China’s data due for release today.

SHANGHAI, Dec. 9 (SMM) – LME copper will move between USD 4,550-4,600/mt during Asian trading hours Wednesday with eyes on China’s data due for release today.

See forecast for other base metals, please click: Shanghai Base Metal Prices to Diverge, Eying on China Data, SMM Says

SHFE 1602 copper is expected to range RMB 34,800-35,100/mt on Dec. 9 and spot copper should trade at discounts of RMB 0-60/mt against SHFE-front month contract. 

Key Macroeconomic Indicators for Base Metal Prices (2015-12-9)

LME copper prices
SHFE copper prices
copper prices
Cu price
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

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