LME Copper to Move in a Tight Range (2015-12-24)

Published: Dec 24, 2015 09:44

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LME copper will narrowly range USD 4,660-4,725/mt during Asian trading hours Thursday.

SHANGHAI, Dec. 24 (SMM) – LME copper will narrowly range USD 4,660-4,725/mt during Asian trading hours Thursday.

See forecast for other base metals, please click: Base Metal Prices to Rise in Asian Trading Hours as LME closed, SMM Says

Market players close positions for pre-holiday risk aversion. SHFE 1602 copper will range RMB 36,000-36,400/mt on Dec. 24 and spot discounts of RMB 50-130/mt are expected against SHFE 1601 copper in China.

Key Macroeconomic Indicators for Base Metal Prices (2015-12-24)

LME copper prices SHFE copper prices copper prices Cu price

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