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Home / Metal News / LME Copper Faces Pains from Caution (2015-12-16)

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

Dec 16, 2015 10:12

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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