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Home / Metal News / Zinc Stockpiling Meeting Result to Guide SHFE Copper (2015-12-11)

Zinc Stockpiling Meeting Result to Guide SHFE Copper (2015-12-11)

Dec 11, 2015 10:02

Source:SMM

SHFE 1602 copper is expected to move between RMB 34,800-35,150/mt on Dec. 11 with eyes on the zinc stockpiling meeting.

SHANGHAI, Dec. 11 (SMM) – SHFE 1602 copper is expected to move between RMB 34,800-35,150/mt on Dec. 11 with eyes on the zinc stockpiling meeting.

See forecast for other base metals, please click: Shanghai Base Metal Prices to Diverge, with Lead Prices Stronger, SMM Says

LME copper should move in a tight range of USD 4,570-4,605/mt during Asian trading hours Friday. In China’s spot market, cargo holders attempt to hold price firm and thus spot copper will likely trade between discounts of RMB 50/mt and premiums of RMB 20/mt.

Key Macroeconomic Indicators for Base Metal Prices (2015-12-11)

SHFE copper prices

LME copper prices

copper prices

Cu price

For queries, please contact William Gu at williamgu@smm.cn

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Key Copper Companies Issued Good Earnings Reports for Third Quarter on Higher Copper Prices

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The low season weakened economic activity across downstream copper sectors in Jul, except for power and electronics

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SHFE Copper Ends with Gains (2017-2-7)

SHFE 1703 copper started at RMB 46,830/mt and finally closed at RMB 46,850/mt, up RMB 250/mt.

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SMM Comments

SHFE Copper Finishes Higher (2017-1-26)

SHFE 1703 copper opened at RMB 47,750/mt and finally closed at RMB 48,040/mt.

Jan 26, 2017 17:54

SMM Comments

Societe Generale Hikes Copper Price Forecast for Q1 and 2017

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Industry Reminder

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SHFE Copper to See Range-Bound Trading (2017-1-20)

LME copper is expected to move at USD 5,680-5,800/mt during Asian trading hours on Friday and SHFE 1703 copper will move at RMB 46,100-47,000/mt.

Jan 20, 2017 09:55

SMM Comments

SHFE Copper to See Range-Bound Trading (2017-1-20)

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he World Bureau of Metal Statistics (WBMS) has published the Metals Balances Report for the first eleven months of the previous year.

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Industry

WBMS: Aluminum, Lead markets post deficit; Copper sees supply surplus

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Industry

North American copper scrap prices stay flat on Index on 18th Jan, 2017

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LME copper should range between USD 4,635-4,675/mt on Wednesday with resistance at the 20-day moving average and SHFE 1611 copper will fluctuate at RMB 36,450-36,700/mt.

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SMM Comments

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Zinc Stockpiling Meeting Result to Guide SHFE Copper (2015-12-11)

SMM Events & Webinars

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo

CLNB 2025 (10th) China International New Energy Industry Expo