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.