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Home / Metal News / LME Copper Poised for Gains (2016-2-4)

LME Copper Poised for Gains (2016-2-4)

iconFeb 4, 2016 10:17
Source:SMM
LME copper should rise to USD 4,610-4,660/mt on Thursday on rising crude oil prices.

SHANGHAI, Feb. 4 (SMM) –LME copper should rise to USD 4,610-4,660/mt on Thursday on rising crude oil prices. 

SHFE 1604 copper should move at RMB 35,800-36,100/mt. 

See forecast for other base metals, please click: Shanghai Base Metal Price to Keep Firm ahead of Holiday, SMM Says

In China’s spot copper market, spot discounts of RMB 150-50/mt are expected over SHFE 1602 contract.

Key Macroeconomic Indicators for Base Metal Prices (2016-2-4)





SHFE copper prices
copper prices
Cu price
base metal price forecast

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