Markets News

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Consulting

Home / Metal News / LME Copper to Remain under Pressure (2016-5-25)

LME Copper to Remain under Pressure (2016-5-25)

May 25, 2016 09:20

Source:SMM

LME copper will meet resistance at the 5-day moving average and will fluctuate at USD 4,570-4,625/mt during Asian trading hours Wednesday.

SHANGHAI, May 25 (SMM) – LME copper will meet resistance at the 5-day moving average and will fluctuate at USD 4,570-4,625/mt during Asian trading hours Wednesday.

SHFE 1607 copper will range RMB 35,200-35,600/mt on May 25 and spot copper will be offered at premiums of RMB 40-90/mt against SHFE 1606 copper.

Key Macroeconomic Indicators for Base Metal Prices (2016-5-25)

LME copper prices

SHFE copper price

cu prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

LME copper will face upward correction and range USD 4,650-4,700/mt during Asian trading hours Wednesday.

Jun 22, 2016 09:26

SMM Comments

LME Copper to Swing Widely (2016-6-3)

LME copper will widely range USD 4,580-4,620/mt during Asian trading hours Friday.

Jun 3, 2016 09:54

SMM Comments

31% China Copper Smelters Expect Falls for Copper Prices This Week, SMM Survey

31% Chinese copper smelters see LME copper to fall below USD 4,550/mt this week and SHFE 1607 lead to drop below RMB 35,000/mt.

May 24, 2016 09:42

SMM Comments

LME Copper to Remain at Lows (2016-5-23)

LME copper will fluctuate at lows of USD 4,560-4,610/mt during Asian trading hours Monday.

May 23, 2016 09:30

SMM Comments

SHFE Copper Trades Lower (May 18, 2016)

SHFE 1607 copper started at RMB 35,700/mt overnight and once dived to RMB 35,480/mt. The red metal rebounded to RMB 35,940/mt before closing the session at RMB 35,780/mt.

May 18, 2016 16:45

SMM Comments

LME Copper to Stay Weak (2016-5-16)

LME copper will remain weak and range USD 4,590-4,630/mt during Asian trading hours Monday due to negative economic figures from China.

May 16, 2016 09:36

SMM Comments

LME and SHFE Copper to Look for Price Floor Next Week, SMM Expects

Copper prices will head for further declines next week, SMM foresees.

May 14, 2016 14:01

SMM Insight

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

LME copper will stay weak and range USD 4,620-4,660/mt during Asian trading hours Friday with growing positions.

May 13, 2016 09:14

SMM Comments

LME Copper to Get Support from Oil Prices (2016-5-12)

LME copper will range USD 4,680-4,720/mt during Asian trading hours Thursday.

May 12, 2016 09:36

SMM Comments

LME Copper to Stay Range-Bound (2016-5-11)

LME copper will narrowly range USD 4,660-4,710/mt during Asian trading hours Wednesday.

May 11, 2016 09:27

SMM Comments

SMM Events & Webinars

All

Oct
09
- NET ZERO EUROPE - Solar & Energy Storage Summit
  Oct 09 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia

LME Copper to Remain under Pressure (2016-5-25)

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit