Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Consulting

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

Source:SMM

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

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

For more information on how to access our research reports, please email service.en@smm.cn

Related news

Copper Prices to Move Rangebound

The Federal Reserve announced to accelerate the tapering of bond purchases at its interest rate meeting last week.

Dec 20, 2021 16:15

Analysis

Copper Prices to Edge up amid Low Inventory

The October CPI in the US due last week increased by 6.2% year-on-year, the biggest increase in 31 years, and up 0.9% month-on-month, the largest gain in four months.

Nov 15, 2021 14:47

Analysis

Copper Prices to Edge up amid Low Inventory

Key Copper Companies Issued Good Earnings Reports for Third Quarter on Higher Copper Prices

Since the beginning of this year, the copper prices have continued to rise, reaching the highest level since May 2006 in May. The high copper prices have made relevant companies profitable.

Nov 4, 2021 17:32

Analysis

Key Copper Companies Issued Good Earnings Reports for Third Quarter on Higher Copper Prices

SHFE Copper to Outperform LME Copper (2016-5-24)

SHFE 1607 copper should perform better than LME copper on May 24.

May 24, 2016 09:25

SMM Comments

North American copper scrap prices rise marginally on 1st Mar, 2016

The North American copper scrap prices edged higher slightly on March 1st, Tuesday.

Mar 2, 2016 16:01

Industry

64% Market Players in China Optimistic over Copper Prices This Week, SMM Survey

SMM survey shows that 64% of China copper producers are optimistic over copper prices this week and they see LME copper to grow above USD 4,700/mt and SHFE 1604 copper to return above RMB 36,500/mt.

Mar 1, 2016 10:00

SMM Comments

Jiangsu Nantong Posts Monthly Record of Copper Concentrate Imports in January 2016

The Port of Nantong of Jiangsu province recorded a single monthly high of copper concentrate imports in January 2016, js.xinhuanet.com reported.

Feb 19, 2016 09:45

Industry

SHFE Copper to Fluctuate at Highs (2016-2-18)

SHFE 1604 copper will hover at highs between RMB 35,650-35,900/mt on February 18 in response to crude oil prices.

Feb 18, 2016 09:54

SMM Comments

SHFE Copper to Face Pressure (2016-2-16)

SHFE 1604 copper will face pressures and should range RMB 35,550-35,800/mt on February 16.

Feb 16, 2016 09:47

SMM Comments

SHFE Copper Hits Over One-Month High (2016-2-4)

SHFE 1603 copper opened at RMB 36,040/mt on Thursday.

Feb 4, 2016 19:12

SMM Comments

SMM Events & Webinars

All

Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia
Jun
18
- 2024 ASEAN Automotive Supply Chain
  Jun 18 - 19,2024
  Pattaya,Thailand

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

SMM Events & Webinars

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit

2024 ASEAN Automotive Supply Chain