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 Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Car Insight

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 Michael Jiang at michaeljiang@smm.cn

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

Related news

Copper Prices to Move Rangebound

The Federal Reserve announced to accelerate the tapering of bond purchases at its interest rate meeting last week.

Dec 20, 2021 16:15

Analysis

Copper Prices to Edge up amid Low Inventory

The October CPI in the US due last week increased by 6.2% year-on-year, the biggest increase in 31 years, and up 0.9% month-on-month, the largest gain in four months.

Nov 15, 2021 14:47

Analysis

Copper Prices to Edge up amid Low Inventory

Key Copper Companies Issued Good Earnings Reports for Third Quarter on Higher Copper Prices

Since the beginning of this year, the copper prices have continued to rise, reaching the highest level since May 2006 in May. The high copper prices have made relevant companies profitable.

Nov 4, 2021 17:32

Analysis

Key Copper Companies Issued Good Earnings Reports for Third Quarter on Higher Copper Prices

SMM Forecast: Copper Prices to Trend Lower in October amid Power Rationing

The production and new orders are expected to be affected by the intensifying power rationing in October.

Oct 11, 2021 17:40

SMM Insight SMM Comments

SMM Forecast: Copper Prices to Trend Lower in October amid Power Rationing

Xi'an Metro Cable Scandal to Accelerate Sector Shuffling, SMM Reports

A nationwide inspection of companies producing electric wire&cable came in the wake of reports on substandard cables used in Xi'an subway sparked.

Apr 26, 2017 11:15

SMM Insight Industry

Xi'an Metro Cable Scandal to Accelerate Sector Shuffling, SMM Reports

SHFE Copper Ends with Losses (2016-9-1)

SHFE 1610 copper started higher at RMB 36,360/mt and ended at RMB 36,530/mt, up RMB 250/mt with positions down 16,964.

Sep 1, 2016 17:37

SMM Comments

LME Copper to Move in a Tight Range (2016-8-26)

LME copper should fluctuate between USD 4,625-4,665/mt on Friday and SHFE 1610 copper will range between RMB 36,100-36,600/mt. Spot prices are expected to trade at premium of RMB 0-50/mt.

Aug 26, 2016 10:13

SMM Comments

May Copper Price Forecast: Futures Decline this Week

Disappointing trade data from China caused copper futures to fall 2.2% this week, contributing to an overall downward trajectory for futures this month.

May 11, 2016 17:28

Industry

68% China Copper Smelters Expect Declines for Copper This Week, SMM Survey

SMM survey reveals that 68% Chinese copper producers see LME copper to fall below USD 4,700/mt this week and SHFE 1607 copper drop below RMB 35,600/mt.

May 10, 2016 10:49

SMM Comments

SHFE Copper to Bounce back (2016-4-29)

SHFE 1606 copper will bounce back to RMB 37,100-37,600/mt on Apr. 29 with strengthening of crude oil and ferrous metal prices.

Apr 29, 2016 09:45

SMM Comments

SMM Events & Webinars

All

Oct
09
- NET ZERO EUROPE - Solar & Energy Storage Summit
  Oct 09 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia

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

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit