LME Copper to Consolidate at Highs (2016-5-26)-Shanghai Metals Market

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LME Copper to Consolidate at Highs (2016-5-26)

Price Review & Forecast 09:46:12AM May 26, 2016 Source:SMM

SHANGHAI, May 26 (SMM) – LME copper will consolidate at highs of USD 4,640-4,685/mt during Asian trading hours Thursday.

SHFE 1607 copper will range RMB 35,450-35,850/mt on May 26 and spot copper will be offered at premiums of RMB 40-80/mt against SHFE 1606 copper. 

Key Macroeconomic Indicators for Base Metal Prices (2016-5-26)

LME Copper to Consolidate at Highs (2016-5-26)

Price Review & Forecast 09:46:12AM May 26, 2016 Source:SMM

SHANGHAI, May 26 (SMM) – LME copper will consolidate at highs of USD 4,640-4,685/mt during Asian trading hours Thursday.

SHFE 1607 copper will range RMB 35,450-35,850/mt on May 26 and spot copper will be offered at premiums of RMB 40-80/mt against SHFE 1606 copper. 

Key Macroeconomic Indicators for Base Metal Prices (2016-5-26)