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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)

Dec 9, 2015 09:52

Source: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.

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

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

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