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Home / Metal News / LME Copper Stays Range-Bound amid Cautious Sentiment (2015-12-15)

LME Copper Stays Range-Bound amid Cautious Sentiment (2015-12-15)

Dec 15, 2015 09:50

Source:SMM

LME copper will move between USD 4,655-4,705/mt during Asian trading hours Tuesday.

SHANGHAI, Dec. 15 (SMM) – LME copper will move between USD 4,655-4,705/mt during Asian trading hours Tuesday.

See forecast for other base metals, please click: Diverging Trends to Intensify in Base Metal Market, SMM Says

Market sentiment remains cautious ahead of US Fed’s interest rate meeting. SHFE 1602 copper should range RMB 35,900-36,250/mt on Dec. 15. In China’s spot market, spot discounts of RMB 70-150/mt are expected on the last trading day for SHFE 1512 copper.

Key Macroeconomic Indicators for Base Metal Prices (2015-12-15)

LME copper prices

SHFE copper prices

copper prices

Cu price

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

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Spot premiums were 0-70 yuan per tonne over SHFE front-month copper on October 31, SMM reported.

Oct 31, 2017 13:24

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LME Copper Stays Range-Bound amid Cautious Sentiment (2015-12-15)

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