Metals News
LME Copper to Face Pressure (2016-5-6)
price review forecast
09:33AM
Source:SMM

SHANGHAI, May 6 (SMM) – LME copper should consolidate at USD 4,740-4,800/mt during Asian trading hours Friday.

US dollar bounces back from lows while crude oil prices meet resistance. Base metals prices will be weighed on. SHFE 1607 copper will fluctuate between RMB 36,400-36,800/mt on May 6. Spot copper will be offered at premiums of RMB 0-50/mt against SHFE 1605 copper. 

Key Macroeconomic Indicators for Base Metal Prices (2016-5-6)


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 Price

No Data