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LME Copper Faces More Weakness (2015-12-18)

Published: Dec 18, 2015 10:04
LME copper should stay weak and move between USD 4,530-4,590/mt during Asian trading hours Friday.

SHANGHAI, Dec. 18 (SMM) – LME copper should stay weak and move between USD 4,530-4,590/mt during Asian trading hours Friday.

See forecast for other base metals, please click: Base Metal Prices to Weaken, with Eyes on China, SMM Says

SHFE 1602 copper is expected to range RMB 35,000-35,450/mt on Dec. 18 and cargo holders in China gradually lower spot prices and thus spot discounts of RMB 20-100/mt are expected against SHFE front-month contract.  

Key Macroeconomic Indicators for Base Metal Prices (2015-12-18)     

LME copper pricesSHFE copper pricescopper pricesCu 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.

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