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Home / Metal News / LME Copper Set for Gains (2016-6-14)

LME Copper Set for Gains (2016-6-14)

Jun 14, 2016 09:47

Source:SMM

LME copper will grow to USD 4,540-4,585/mt during Asian trading hours Tuesday thanks to softer dollar.

SHANGHAI, Jun. 14 (SMM) – LME copper will grow to USD 4,540-4,585/mt during Asian trading hours Tuesday thanks to softer dollar.

SHFE 1608 copper will fluctuate between RMB 35,250-35,600/mt on Jun. 14. Spot copper in China will be offered at premiums of RMB 70-120/mt against SHFE 1606 copper.

Key Macroeconomic Indicators for Base Metal Prices (2016-6-14)

LME copper prices

SHFE copper prices

Cu price

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SMM Comments

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LME copper will range between USD 4,820-4,860/mt on Friday and SHFE 1611 copper is predicted to move at RMB 37,500-37,800/mt.

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SMM Comments

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SMM Comments

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SMM Comments

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LME Copper Set for Gains (2016-6-14)

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