LME Copper Faces Pains from Caution (2015-12-16)

Published: Dec 16, 2015 10:12

Save

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

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Feb 6, 2026 16:42

Terminal Performance "Uneven," Zinc Oxide Chinese New Year Break Up YoY

Feb 6, 2026 16:42

Feb 6, 2026 16:38

Dual Pressures Force Die-Casting Zinc Alloy Firms to Lengthen Chinese New Year Holidays

Approaching the 2026 Chinese New Year, SMM conducted communication and research on the pre-holiday break arrangements of domestic die-casting zinc alloy enterprises. This survey covered 20 enterprises, with a total annual capacity of 829,000 mt, involving a zinc consumption scale during the holiday period of approximately 45,548 mt.

Feb 6, 2026 16:38

Feb 6, 2026 16:14

Data: SHFE, DCE market movement (Feb 06)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 06 Feb , 2026

Feb 6, 2026 16:14