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LME Copper to Consolidate at Lows Next Week
May 6,2016 18:12
CSTsmm insight
Source:SMM
LME copper prices should fluctuate between $4,730-4,880 per tonne next week, SMM predicts.
SHANGHAI, May 6 (SMM) - LME copper prices should fluctuate between $4,730-4,880 per tonne next week, SMM predicts.
Any further upward room for the US dollar index will be limited. LME copper inventories are expected to fall, lending support to LME copper.
July copper on the SHFE will move between 36,200-37,500 yuan per tonne next week, SMM adds.
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SHFE copper price
LME copper price
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May 16, 2016 09:36CSTLME and SHFE Copper to Look for Price Floor Next Week, SMM Expects
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LME copper will range USD 4,680-4,720/mt during Asian trading hours Thursday.
May 12, 2016 09:36CSTMOST POPULAR
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