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 Consolidate at Highs (2016-7-1)

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

Jul 1, 2016 09:32

Source:SMM

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

SHANGHAI, Jul. 1 (SMM) – LME copper will consolidate at highs of USD 4,810-4,860mt during Asian trading hours Friday with growing sell-off pressure.

SHFE 1608 copper will fluctuate between RMB 37,100-37,600/mt on Jul. 1. Spot copper in China will be offered at premiums of RMB 0-50/mt against SHFE 1607 copper.

Key Macroeconomic Indicators for Base Metal Prices (2016-7-1)

LME copper prices

SHFE copper prices

.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 should move at highs of $ 4,720-4,900 per tonne in the coming week with positive technical indicators.

Sep 23, 2016 18:51

SMM Comments

LME Copper to Gather Strength Next Week, SMM Says

LME copper is forecast to gather strength to challenge the 20-day moving average in the coming week and will fluctuate between $ 4,620-4,730 per tonne

Sep 9, 2016 18:45

SMM Comments

LME Copper to Seek Direction from US Non-Farm Result, SMM Says

LME copper will seek direction from US August non-farm payroll report in the coming week, SMM foresees.

Sep 2, 2016 19:33

SMM Comments

LME Copper to Seek Direction from US Non-Farm Result, SMM Says

LME copper will seek direction from US August non-farm payroll report in the coming week, SMM foresees.

Sep 2, 2016 19:33

SMM Insight

33% China Copper Smelters Pessimistic over Copper Prices This Week, SMM Surveys

SMM survey shows 33% Chinese copper smelters see LME copper to fall below USD 4,750/mt this week and SHFE 1610 copper to drop below RMB 37,000/mt.

Aug 15, 2016 20:20

SMM Comments

LME Copper to Hover at Lows (2016-8-15)

LME copper will fluctuate at lows of USD 4,740-4,790/mt during Asian trading hours Monday.

Aug 15, 2016 09:09

SMM Comments

LME Copper to Move in a Tight Range (2016-7-25)

LME copper will narrowly range USD 4,900-4,950/mt during Asian trading hours Monday.

Jul 25, 2016 09:23

SMM Comments

33% China Copper Smelters See Gains for Copper Prices This Week, SMM Survey

SMM survey indicates that 33% Chinese copper producers anticipate that LME copper will break through USD 4,780/mt this week and SHFE 1609 copper will grow above RMB 37,200/mt.

Jul 12, 2016 11:06

SMM Comments

LME Copper to Move in a Tight Range (2016-7-11)

LME copper will narrowly range USD 4,670-4,720/mt during Asian trading hours Monday.

Jul 11, 2016 09:17

SMM Comments

LME Copper to Move in a Tight Range (2016-7-5)

LME copper will narrowly range USD 4,870-4,920/mt during Asian trading hours Tuesday.

Jul 5, 2016 09:12

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 Consolidate at Highs (2016-7-1)

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit