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

Published: Apr 26, 2016 09:39

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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

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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