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Home / Metal News / LME Copper to Hover at Lows (2016-8-15)

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

Aug 15, 2016 09:09

Source:SMM

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

SHANGHAI, Aug. 15 (SMM) – LME copper will fluctuate at lows of USD 4,740-4,790/mt during Asian trading hours Monday.

Poor reading of China’s economic figures will drag down copper prices while US dollar finds support currently.

SHFE 1610 copper will fluctuate between RMB 36,950-37,400/mt on Aug. 15. Spot copper in China will be offered at premiums of RMB 0-110/mt against SHFE 1608 copper.

LME copper prices

SHFE copper prices

.Cu prices

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

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