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Home / Metal News / LME Copper Remains Range-Bound (2015-12-10)

LME Copper Remains Range-Bound (2015-12-10)

Dec 10, 2015 09:52

Source:SMM

LME copper will be offered at USD 4,580-4,610/mt during Asian trading hours Thursday.

SHANGHAI, Dec. 10 (SMM) – LME copper will be offered at USD 4,580-4,610/mt during Asian trading hours Thursday.

See forecast for other base metals, please click: Shanghai Base Metal Prices to Rise on Positive News, SMM Says

Attention should be paid to stockpiling of other metals. SHFE 1602 copper is expected to move between RMB 34,750-35,150/mt on Dec. 10 and in China’s spot market, cargo holders are unwilling to sell at widely expanded discounts. Thus, spot copper will trade between discounts of RMB 30/mt and premiums of RMB 20/mt.

Key Macroeconomic Indicators for Base Metal Prices (2015-12-10)

LME copper prices

SHFE copper prices

copper prices

Cu price

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

For more information on how to access our research reports, please email service.en@smm.cn

LME copper will see weak trading and range USD 4,650-4,690/mt during Asian trading hours Tuesday.

May 31, 2016 10:00

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SHFE Copper Suffers a Loss of RMB 520/mt (Dec. 16, 2015)

SHFE 1602 copper moved around RMB 35,550/mt after opening Tuesday evening session at RMB 35,450/mt.

Dec 16, 2015 16:34

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LME copper will move in a range of USD 4,540-4,600/mt during Asian trading hours Tuesday.

Dec 1, 2015 09:33

SMM Comments

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LME copper is expected to move between USD 4,560-4,610/mt during Asian trading hours Monday.

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SMM Comments

CRU analyst forecasts big downward pressure to copper prices in 2016

According to Mathew Wonnacott, CRU analyst, strengthening US dollar is likely to push copper prices down in 2016.

Nov 13, 2015 16:28

Industry

Shanghai Spot Copper Trades at Premiums of RMB 0-60/mt (Nov. 12, 2015)

In Shanghai, spot copper traded at premiums of RMB 0-60/mt on Thursday.

Nov 12, 2015 13:55

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LME Copper Remains Range-Bound (2015-12-10)

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