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Home / Metal News / LME Copper to Move in a Tight Range (2016-3-1)

LME Copper to Move in a Tight Range (2016-3-1)

iconMar 1, 2016 09:34
Source:SMM
LME copper will narrowly range USD 4,680-4,720/mt during Asian trading hours Tuesday.

SHANGHAI, Mar. 1 (SMM) – LME copper will narrowly range USD 4,680-4,720/mt during Asian trading hours Tuesday with market digesting good news of pro-growth measures in China.

SHFE 1604 copper will fluctuate between RMB 35,800-36,100/mt on Mar. 1 and spot discounts stabilize at RMB 120-200/mt against SHFE 1603 copper heading into March.

Key Macroeconomic Indicators for Base Metal Prices (2016-3-1)

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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