LME Copper to Fall Back (2016-3-9)
LME copper is expected to drop to USD 4,840-4,900/mt during Asian trading hours Wednesday.
SHANGHAI, Mar. 9 (SMM) – LME copper is expected to drop to USD 4,840-4,900/mt during Asian trading hours Wednesday.
SHFE 1605 copper will range RMB 36,800-37,200/mt on Mar. 9 and spot discounts of RMB 70-170/mt are expected against SHFE front-month contract.
Key Macroeconomic Indicators for Base Metal Prices (2016-3-9)
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.
