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Home / Metal News / LME Copper to Fall back from Highs (2016-3-14)

LME Copper to Fall back from Highs (2016-3-14)

Mar 14, 2016 09:59

Source:SMM

LME copper should drop from highs and move between USD 4,920-5,000/mt during Asian trading hours Monday due to poor economic figures released last weekend.

SHANGHAI, Mar. 14(SMM) – LME copper should drop from highs and move between USD 4,920-5,000/mt during Asian trading hours Monday due to poor economic figures released last weekend.

SHFE 1605 copper is expected to range between RMB 37,400-38,000/mt on Mar. 14 and spot discounts will narrow to RMB 0-80/mt against SHFE 1603 copper.

Key Macroeconomic Indicators for Base Metal Prices (2016-3-14)

LME copper prices

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LME Copper to Fall back from Highs (2016-3-14)

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