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Home / Metal News / LME Copper to Stay Range-Bound (2015-12-23)

LME Copper to Stay Range-Bound (2015-12-23)

Dec 23, 2015 09:59

Source:SMM

LME copper will move in a tight range of USD 4,650-4,700/mt during Asian trading hours Wednesday with market staying quiet ahead of Christmas Day.

SHANGHAI, Dec. 23 (SMM) – LME copper will move in a tight range of USD 4,650-4,700/mt during Asian trading hours Wednesday with market staying quiet ahead of the Christmas Holiday.

See forecast for other base metals, please click: LME Market to See Light Trading ahead of Christmas Holiday, SMM Says

SHFE 1602 copper should range RMB 35,900-36,300/mt on Dec. 23 and spot discounts of RMB 50-150/mt are expected against SHFE front-month contract.

Key Macroeconomic Indicators for Base Metal Prices (2015-12-23)

LME copper prices

SHFE copper prices

copper prices

Cu price

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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LME Copper to Stay Range-Bound (2015-12-23)

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