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LME Copper to Fall from High (2016-1-20)
Jan 20, 2016 09:32Source:SMM
LME copper is forecast to drop to USD 4,365-4,415/mt during Asian trading hours Wednesday give the back of worries about crude oil and global economy.
SHANGHAI Jan. 20 (SMM) – LME copper is forecast to drop to USD 4,365-4,415/mt during Asian trading hours Wednesday give the back of worries about crude oil and global economy.
See forecast for other base metals, please click: Shanghai Market to See Diverging Trends, SMM Says
SHFE 1603 copper will range RMB 34,950-35,350/mt on Jan. 20 and spot discounts of RMB 150-300/mt are expected against SHFE 1602 copper.
Key Macroeconomic Indicators for Base Metal Prices (2016-1-20)
SHFE copper prices
LME 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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