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Home / Metal News / LME Copper to Trade at USD 4,880-4,950/mt (2016-4-20)

LME Copper to Trade at USD 4,880-4,950/mt (2016-4-20)

Apr 20, 2016 09:34

Source:SMM

Copper market advanced with falling dollar and rising oil overnight.

SHANGHAI, Apr. 20 (SMM) – Copper market advanced with falling dollar and rising oil overnight.

On Wednesday, SMM expects LME copper to trade in the USD 4,880-4,950/mt range, and the most actively-traded copper contract on the SHFE will range between RMB 37,200-37,700/mt, with spot discounts between RMB 150-80/mt.

Key Macroeconomic Indicators for Base Metal Prices (2016-4-20)

copper price

copper price forecast

LME copper price

SHFE copper price

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LME Copper to Trade at USD 4,880-4,950/mt (2016-4-20)

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