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Home / Metal News / LME Copper to Trade at Highs (2016-3-21)

LME Copper to Trade at Highs (2016-3-21)

Mar 21, 2016 09:37

LME copper is expected to trade at highs of USD 5,020-5,080/mt during Asian trading hours Monday.

SHANGHAI, Mar. 21 (SMM) – LME copper is expected to trade at highs of USD 5,020-5,080/mt during Asian trading hours Monday.

US dollar bounced back while crude oil prices fell back. SHFE 1605 copper will range RMB 37,900-38,400/mt on Mar. 21 and spot discounts of RMB 160- 220/mt are expected against SHFE 1604 copper.

Key Macroeconomic Indicators for Base Metal Prices (2016-3-21)

LME copper prices

SHFE 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.

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