SHFE Copper to Hover around 5-Day Moving Average (2015-12-25)

Published: Dec 25, 2015 09:32

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SHFE 1602 copper is predicted to fluctuate between RMB 36,000-36,500/mt on Dec. 25 with LME lead market closed.

SHANGHAI, Dec. 25 (SMM) – SHFE 1602 copper is predicted to fluctuate between RMB 36,000-36,500/mt on Dec. 25 with LME lead market closed.

See forecast for other base metals, please click:Shanghai to See Base Metal Price Rising Year-End, SMM Says

In China, cargo holders should deliver term goods at discounts of RMB 70-150/mt against SHFE 1601 copper.

Key Macroeconomic Indicators for Base Metal Prices (2015-12-25)

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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