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

Published: Apr 14, 2016 09:37

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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

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