LME Copper Seeks for Direction after US Rate Hike (2015-12-17)

Published: Dec 17, 2015 10:13

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LME copper should move between USD 4,560-4,620/mt during Asian trading hours Thursday.

SHANGHAI, Dec. 17 (SMM) – LME copper should move between USD 4,560-4,620/mt during Asian trading hours Thursday.

See forecast for other base metals, please click: No Big Impact on Base Metal Prices from US Rate Hike, SMM Says

SHFE 1602 copper will range RMB 35,300-35,800/mt on December 17. Given stable supply in China, spot copper should trade between discounts of RMB 70/mt and premiums of RMB 10/mt against SHFE-front month contract.

Key Macroeconomic Indicators for Base Metal Prices (2015-12-17)

LME copper prices SHFE copper prices copper prices Cu price

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