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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)

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)

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Spot premiums were 0-70 yuan per tonne over SHFE front-month copper on October 31, SMM reported.

Oct 31, 2017 13:24

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SMM Comments

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SMM Comments

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SMM Comments

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

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