Download our mobile app to 
your devices
Android devicesiOS devices
Holiday Pricing ScheduleFREE TRIALCompliance CentreAbout UsContact Us
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceFinished SteelCokeCoalPig IronSilicon Steel
New Energy
New Energy
SolarLithiumCobaltTernary Precursor and MaterialAnode MaterialsChemical CompoundLithium-ion BatteryUsed Lithium-ion BatterySodium-ion BatteryHydrogen EnergyEnergy Storage
DashboardDatabaseProReportsEventsCar Insight
Home / Metal News / LME Copper to Remain under Downward Pressure (2016-8-8)

LME Copper to Remain under Downward Pressure (2016-8-8)

iconAug 8, 2016 09:29
Source:SMM
LME copper will suffer pressure from firmer dollar and range USD 4,775-4,815/mt during Asian trading hours Monday.

SHANGHAI, Aug. 8 (SMM) – LME copper will suffer pressure from firmer dollar and range USD 4,775-4,815/mt during Asian trading hours Monday.

The upbeat US nonfarm payrolls support US dollar, which will depress base metals.

SHFE 1610 copper will fluctuate between RMB 37,200-37,700/mt on Aug. 8. Spot copper in China will be offered at premiums of RMB 30-150/mt against SHFE 1608 copper.

Key Macroeconomic Indicators for Base Metal Prices (2016-8-8)


LME copper prices
SHFE copper 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

Related news

SMM Events & Webinars

All
MOST POPULAR
1.China Lithium Market Dynamics and Lithium Procurement Study
2.Battery Recycling Technology Understanding
3.Solid State Battery Market
4. China Scrap Steel Quality Analysis
5.China Scrap Steel Cost Curve
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.