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 Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / LME Copper to Fall Back (2016-6-15)

LME Copper to Fall Back (2016-6-15)

Jun 15, 2016 09:41

Source:SMM

LME copper will slide to USD 4,510-4,560/mt during Asian trading hours Wednesday due to firmer dollar and softer crude oil prices.

SHANGHAI, Jun. 15 (SMM) – LME copper will slide to USD 4,510-4,560/mt during Asian trading hours Wednesday due to firmer dollar and softer crude oil prices.

SHFE 1608 copper will fluctuate between RMB 35,000-35,350/mt on Jun. 15. Spot copper in China will be offered at premiums of RMB 0-60/mt against SHFE 1606 copper.

Key Macroeconomic Indicators for Base Metal Prices (2016-6-15)

LME copper prices

SHFE copper prices

Cu price

For queries, please contact William Gu at williamgu@smm.cn

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

LME copper will swing widely next week, while SHFE copper is poised for a rebound, SMM expects.

Aug 26, 2016 20:10

SMM Insight

LME Copper to Fluctuate in Tight Range (2016-8-16)

The US dollar index consolidated at lows, while crude oil prices continued to rebound.

Aug 16, 2016 09:44

SMM Comments

Copper Price to Remain Range-Bound Next Week, SMM Says

LME copper is expected to experience corrections next week, pointing toward $5,000 per tonne, and SHFE September copper will fluctuate between 37,750-39,000 yuan per tonne, SMM says.

Jul 22, 2016 18:12

SMM Insight

50% China Copper Smelters Expect Rises for Copper Prices This Week, SMM Survey

SMM survey shows that 50% Chinese copper smelters see LME copper to break through USD 4,950/mt this week and SHFE 1609 copper to grow above RMB 38,500/mt.

Jul 5, 2016 09:54

SMM Comments

LME Copper to Drift Higher (2016-7-4)

LME copper will grow to USD 4,865-4,925/mt during Asian trading hours Monday thanks to softer dollar and US improved manufacturing industry.

Jul 4, 2016 09:13

SMM Comments

LME Copper to Consolidate at Highs (2016-7-1)

LME copper will consolidate at highs of USD 4,810-4,860mt during Asian trading hours Friday with growing sell-off pressure.

Jul 1, 2016 09:32

SMM Comments

LME Copper to Move at Highs (2016-6-29)

LME copper will remain at highs of USD 4,780-4,840mt during Asian trading hours Wednesday.

Jun 29, 2016 09:32

SMM Comments

SHFE Copper Registers Losses on Position Opening by Shorts (Dec. 17, 2015)

During Wednesday night trading session, SHFE 1602 copper opened at RMB 35,460/mt and moved higher to RMB 35,740/mt in response to LME copper.

Dec 17, 2015 16:56

SMM Comments

SHFE Copper Ends down RMB 440/mt (Dec. 15, 2015)

SHFE 1602 copper opened lower at RMB 35,900/mt for night trading Monday and late moved higher to RMB 36,180/mt.

Dec 15, 2015 18:33

SMM Comments

LME Copper Stays Range-Bound amid Cautious Sentiment (2015-12-15)

LME copper will move between USD 4,655-4,705/mt during Asian trading hours Tuesday.

Dec 15, 2015 09:50

SMM Comments

SMM Events & Webinars

All

Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China
Apr
16
- CLNB 2025 (10th) China International New Energy Industry Expo
  Apr 16 - 18,2025
  Suzhou International Expo Center, Jiangsu, China

LME Copper to Fall Back (2016-6-15)

SMM Events & Webinars

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo

CLNB 2025 (10th) China International New Energy Industry Expo