Home / Metal News / Tin / LME Copper to Look for Price Floor (2016-4-8)
LME Copper to Look for Price Floor (2016-4-8)
Apr 8, 2016 09:16CST
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 Frank LIU at liuxiaolei@smm.cn

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

Related news