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LME Copper Stays Range-Bound amid Cautious Sentiment (2015-12-15)
Dec 15,2015 09:50
CSTprice review forecast
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
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