Home / Metal News / Aluminium / 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 09:39CST
price review forecast
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

For queries, please contact Frank LIU at liuxiaolei@smm.cn

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

Related news