Markets News

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Battery Separator Electrolyte Other Materials Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / LME Copper to Look for Price Floor (2016-4-8)

LME Copper to Look for Price Floor (2016-4-8)

Apr 8, 2016 09:16

Source:SMM

LME copper may fall further to USD 4,640-4,690/mt during Asian trading hours Friday after slipping below the 60-day moving average.

SHANGHAI, Apr. 8 (SMM) – LME copper may fall further to USD 4,640-4,690/mt during Asian trading hours Friday after slipping below the 60-day moving average.

SHFE 1606 copper should decline to RMB 35,700-36,100/mt on Apr. 8 and spot copper should trade at premiums of RMB 0-50/mt.

Key Macroeconomic Indicators for Base Metal Prices (2016-4-8)

LME copper prices

SHFE copper prices

Cu price

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

SHFE 1703 copper opened at RMB 46,780/mt today, and rose to RMB 47,600/mt on possible strike news at Escondida copper mine. In the afternoon, SHFE 1703 copper reached RMB 47,690/mt, and closed at RMB

Feb 8, 2017 17:57

SMM Comments

SHFE 1703 Copper Closes with Increase (2017-2-8)

Copper headed for the biggest monthly gain in a decade

The metal prices are headed for the biggest monthly gain in almost a decade.

Nov 28, 2016 11:01

Industry

SHFE Copper Finishes with Gains (2016-9-30)

SHFE 1611 copper started at RMB 37,670/mt and ended at RMB 37,720/mt on Friday.

Sep 30, 2016 19:03

SMM Comments

SHFE Copper Closes Higher (2016-9-19)

HFE 1611 copper started higher at RMB 37,100/mt and ended at RMB 37,230/mt, up RMB 590/mt with positions down 12,166.

Sep 19, 2016 17:35

SMM Comments

SHFE Copper to Move Lower (2016-9-9)

LME copper is expected to range between USD 4,640~4,680/mt on Friday and SHFE 1611 copper will fluctuate at RMB 36,450~36,750/mt.

Sep 9, 2016 09:42

SMM Comments

LME Copper to See Range-Bound Trading (2016-9-5)

LME copper should range between USD 4,615-4,655/mt on Monday and SHFE 1611 copper will move at RMB 36,350-36,700/mt.

Sep 5, 2016 09:56

SMM Comments

LME Copper to Seek Direction from US Non-Farm Result, SMM Says

LME copper will seek direction from US August non-farm payroll report in the coming week, SMM foresees.

Sep 2, 2016 19:33

SMM Comments

LME Copper Set for Gains (2016-6-14)

LME copper will grow to USD 4,540-4,585/mt during Asian trading hours Tuesday thanks to softer dollar.

Jun 14, 2016 09:47

SMM Comments

SHFE Copper to Outperform LME Copper (2016-5-24)

SHFE 1607 copper should perform better than LME copper on May 24.

May 24, 2016 09:25

SMM Comments

SHFE Copper Posts Declines (Mar. 30, 2016)

SHFE 1605 copper once dipped to RMB 37,200/mt after starting at RMB 37,580/mt overnight.

Mar 30, 2016 16:19

SMM Comments

SMM Events & Webinars

All

May
15
- 2025 SMM SOUTH AMERICAN LITHIUM RESOURCES FIELD TRIP
  May 15 - 25,2025
  Argentina & Brazil
May
20
- 2025 SMM ASIA METALS SEMINAR
  May 20 - 20,2025
  Global Metals Market in Flux Geopolitics, Policies, Fundamentals
  Novotel Century, Hong Kong, China
May
22
- 2025 SMM 3rd Wire & Cable Conference & Expo
  May 22 - 23,2025
  Suzhou, Jiangsu, China

LME Copper to Look for Price Floor (2016-4-8)

SMM Events & Webinars

2025 SMM SOUTH AMERICAN LITHIUM RESOURCES FIELD TRIP

2025 SMM ASIA METALS SEMINAR

2025 SMM 3rd Wire & Cable Conference & Expo