Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Coke Coal Pig Iron Steel Billet Finished Steel

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

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)

Mar 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.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

LME Copper to Fall Further (2017-10-20)

LME copper will drop to USD 6,940-6,990/mt today on negative technical side, while SHFE 1712 copper will move at RMB 54,100-54,600/mt.

Oct 20, 2017 09:44

SMM Comments

LME Copper to Test Support (2017-10-19)

Most base metals fell yesterday. Copper prices corrected down further due to strong US dollar.

Oct 19, 2017 09:34

SMM Comments

KGHM: Copper Has No Fundamental Reason to Stay below $5,500

Copper prices will have no reason to stay below $5,500 per tonne in the fundamental respect, said Radoslaw Domagalski-Labedzki, Chief Executive Officer (CEO) of KGHM.

May 9, 2017 15:12

Industry Reminder

KGHM: Copper Has No Fundamental Reason to Stay below $5,500

LME Copper to Strengthen (2016-9-30)

LME copper will range between USD 4,820-4,860/mt on Friday and SHFE 1611 copper is predicted to move at RMB 37,500-37,800/mt.

Sep 30, 2016 09:53

SMM Comments

SHFE Copper Ends Lower (2016-9-8)

SHFE 1611 copper started at RMB 36,640/mt and closed at RMB 36,570/mt, down RMB 90/mt with positions down 280.

Sep 8, 2016 17:28

SMM Comments

LME Copper Set for Gains (2016-6-14)

LME copper will grow to USD 4,540-4,585/mt during Asian trading hours Tuesday thanks to softer dollar.

Jun 14, 2016 09:47

SMM Comments

SHFE Copper Ends down (Jun. 2, 2016)

SHFE 1608 copper started at RMB 35,180/mt overnight and once sank to RMB 35,070/mt.

Jun 2, 2016 17:12

SMM Comments

SHFE Copper to Outperform LME Copper (2016-5-24)

SHFE 1607 copper should perform better than LME copper on May 24.

May 24, 2016 09:25

SMM Comments

SMM Update of Output Cut Plans at 10 Chinese Major Copper Smelters in 2016

In late 2015, ten major Chinese copper smelters agreed to reduce production by 350,000 tonnes in 2016. As entering April, has the cut plan being implemented as schedule?

Mar 29, 2016 15:46

SMM Insight

Will China Copper Output Fall in 2016 after Cuts Plan? SMM Interviews

Ten major Chinese copper smelters agreed to cut output in late 2015, to tide over the tough period following sharp price declines. How will the cut plan affect Chinese copper output in 2016?

Mar 23, 2016 11:00

SMM Insight

SMM Events & Webinars

All

Oct
14
- SMM LME Metals Seminar 2025
  Oct 14 - 14,2025
  London , the United Kingdom
Oct
20
- Li-ION BATTERY China
  Oct 20 - 21,2025
  Xiamen, China
Oct
20
- APAC (10th) Ni-Cr-Mn Stainless Steel & New Energy Conference 2025
  Oct 20 - 21,2025
  Xiamen, China

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

SMM Events & Webinars

SMM LME Metals Seminar 2025

Li-ION BATTERY China

APAC (10th) Ni-Cr-Mn Stainless Steel & New Energy Conference 2025