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Home / Metal News / LME Copper to Move in a Narrow Range(2016-4-26)

LME Copper to Move in a Narrow Range(2016-4-26)

Apr 26, 2016 09:39

Source:SMM

LME copper should narrowly range USD 4,970-5,010/mt during Asian trading hours Tuesday.

SHANGHAI, Apr. 26 (SMM) – LME copper should narrowly range USD 4,970-5,010/mt during Asian trading hours Tuesday.

The PBOC will inject liquidity into market through MLF operations today. SHFE 1606 copper will fluctuate between RMB 37,700-38,100/mt on Apr. 26 and spot discounts of RMB 130-180/mt are expected against SHFE 1605 copper.

Key Macroeconomic Indicators for Base Metal Prices (2016-4-26)

LME copper price

SHFE copper price

Cu price

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