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Home / Metal News / LME Copper to See Range-Bound Trading on Dollar and Oil Factors (2016-4-14)

LME Copper to See Range-Bound Trading on Dollar and Oil Factors (2016-4-14)

Apr 14, 2016 09:37

Source:SMM

On Thursday, oil and dollar factors will leave LME copper in range-bound trading, SMM predicts.

SHANGHAI, Apr. 14 (SMM) – On Thursday, oil and dollar factors will leave LME copper in range-bound trading, SMM predicts.

LME copper is expected to trade between USD 4,805-4,855/mt, and the most actively-traded copper contract on the SHFE will range in RMB 36,700-37,100/mt, with spot prices up to premiums of RMB 50/mt.

Key Macroeconomic Indicators for Base Metal Prices (2016-4-14)

copper prices

copper price

LME copper price

SHFE copper prices

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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LME Copper to See Range-Bound Trading on Dollar and Oil Factors (2016-4-14)

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