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Home / Metal News / LME Copper to Swing Widely (2016-5-27)

LME Copper to Swing Widely (2016-5-27)

May 27, 2016 09:38

Source:SMM

LME copper will widely range USD 4,650-4,700/mt during Asian trading hours Friday.

SHANGHAI, May 27 (SMM) – LME copper will widely range USD 4,650-4,700/mt during Asian trading hours Friday.

SHFE 1607 copper will fluctuate between RMB 35,750-36,060/mt on May 27 and spot copper will be offered at premiums of RMB 40-80/mt against SHFE 1606 copper.

Key Macroeconomic Indicators for Base Metal Prices (2016-5-27)

LME copper prices

SHFE copper price

Cu price

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LME copper will see weak trading and range USD 4,650-4,690/mt during Asian trading hours Tuesday.

May 31, 2016 10:00

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

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 Face Pressure (2016-5-6)

LME copper should consolidate at USD 4,740-4,800/mt during Asian trading hours Friday.

May 6, 2016 09:33

SMM Comments

LME Copper to Inch Lower (2016-5-5)

LME copper should edge down to USD 4,830-4,880/mt during Asian trading hours Thursday.

May 5, 2016 09:35

SMM Comments

SHFE Copper Registers Losses (May 4, 2016)

SHFE 1607 copper started higher at RMB 37,680/mt overnight and dived to RMB 37,190/mt before closing the session at RMB 37,290/mt.

May 4, 2016 17:02

SMM Comments

SHFE Copper Trades Up (April 29, 2016)

SHFE 1606 copper started at RMB 37,250/mt overnight and moved higher to RMB 37,520/mt.

Apr 29, 2016 16:59

SMM Comments

SHFE Copper to Bounce back (2016-4-29)

SHFE 1606 copper will bounce back to RMB 37,100-37,600/mt on Apr. 29 with strengthening of crude oil and ferrous metal prices.

Apr 29, 2016 09:45

SMM Comments

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LME Copper to Swing Widely (2016-5-27)

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