LME Copper to See Weak Trading (2016-5-13)-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • NPI
  • Zinc
  • Production data
  • Market commentary
  • Macroeconomics
  • Morning comments
  • Stainless steel
  • Mengtai Group
  • Aluminium
  • Copper
  • Nickel
  • Futures movement
  • hydrogen stations
  • trade negotiations

LME Copper to See Weak Trading (2016-5-13)

Price Review & Forecast 09:14:05AM May 13, 2016 Source:SMM

SHANGHAI, May 13 (SMM) – LME copper will stay weak and range USD 4,620-4,660/mt during Asian trading hours Friday with growing positions.

SHFE 1607 copper will fluctuate between RMB 35,200-35,600/mt on May 13. Spot copper will be offered at premiums of RMB 20-50/mt against SHFE 1605 copper.

Key Macroeconomic Indicators for Base Metal Prices (2016-5-13)

LME Copper to See Weak Trading (2016-5-13)

Price Review & Forecast 09:14:05AM May 13, 2016 Source:SMM

SHANGHAI, May 13 (SMM) – LME copper will stay weak and range USD 4,620-4,660/mt during Asian trading hours Friday with growing positions.

SHFE 1607 copper will fluctuate between RMB 35,200-35,600/mt on May 13. Spot copper will be offered at premiums of RMB 20-50/mt against SHFE 1605 copper.

Key Macroeconomic Indicators for Base Metal Prices (2016-5-13)