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Home / Metal News / LME Copper to Move in a Tight Range (2016-7-25)

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

Jul 25, 2016 09:23

Source:SMM

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

SHANGHAI, Jul. 25 (SMM) – LME copper will narrowly range USD 4,900-4,950/mt during Asian trading hours Monday.

US dollar returns to gains while crude oil continues weakening.

SHFE 1609 copper will fluctuate between RMB 37,700-38,200/mt on Jul. 25. Spot copper in China will be offered at discounts of RMB 50/mt and premiums of RMB 10/mt against SHFE 1608 copper.

Key Macroeconomic Indicators for Base Metal Prices (2016-7-25)

LME copper prices

SHFE copper prices

.Cu prices

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