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LME Copper Faces Pains from Caution (2015-12-16)
Dec 16,2015 10:12
CSTprice review forecast
Source:SMM
LME copper suffers pressure and will move between USD 4,550-4,590/mt during Asian trading hours Wednesday.
SHANGHAI, Dec. 16 (SMM) – LME copper suffers pressure and will move between USD 4,550-4,590/mt during Asian trading hours Wednesday.
See forecast for other base metals, please click: Market Eyes on Busy Data Calendar, with Stronger Caution, SMM Says
Investors stay cautious ahead of US Fed’s interest rate meeting. SHFE 1602 copper will range RMB 35,000-35,400/mt on Dec. 16 and spot copper will trade between discounts of RMB 20/mt and premiums of RMB 50/mt against SHFE front-month contract.
Key Macroeconomic Indicators for Base Metal Prices (2015-12-16)
LME copper prices
SHFE copper prices
copper prices
Cu price
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