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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

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