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

iconDec 18, 2015 10:04
Source:SMM
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 prices
SHFE copper prices
copper prices
Cu price

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