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Home / Metal News / LME Copper to Move in a Tight Range (2015-12-24)

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

Dec 24, 2015 09:44

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

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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

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