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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

For queries, please contact William Gu at williamgu@smm.cn

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

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