LME Copper to Move in a Tight Range (2015-12-21)

Published: Dec 21, 2015 09:52

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LME copper is predicted to narrowly range USD 4,650-4,700/mt during Asian trading hours Monday.

SHANGHAI, Dec. 21 (SMM) – LME copper is predicted to narrowly range USD 4,650-4,700/mt during Asian trading hours Monday.

See forecast for other base metals, please click: Trading to Wane Ahead of Holidays, SMM Says

SHFE 1602 copper will move between RMB 35,950-36,350/mt on Dec. 21. China’s spot market stays quiet and spot discounts of RMB 20-100/mt are expected against SHFE front-month contract.

Key Macroeconomic Indicators for Base Metal Prices (2015-12-21)

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.

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