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Home / Metal News / LME Copper to Move in a Tight Range (2015-12-31)

LME Copper to Move in a Tight Range (2015-12-31)

Dec 31, 2015 09:47

LME copper will narrowly range between USD 4,720-4,765/mt during Asian trading hours Thursday.

SHANGHAI, Dec. 31 (SMM) – LME copper will narrowly range between USD 4,720-4,765/mt during Asian trading hours Thursday.

See forecast for other base metals, please click: Light Trading Expected in Last Trading Day of 2015, SMM Says

SHFE 1602 copper is expected to range RMB 36,300-36,700/mt on Dec. 31. Market players will seek for pre-holiday risk aversion on the last trading day of this week. Spot copper in China should quote at discounts of RMB 100-180/mt against SHFE 1601 copper.

Key Macroeconomic Indicators for Base Metal Prices (2015-12-31)

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 (2015-12-31)

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