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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

Source:SMM

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

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LME copper will see weak trading and range USD 4,650-4,690/mt during Asian trading hours Tuesday.

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

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