Markets News

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Coke Coal Pig Iron Steel Billet Finished Steel

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / LME Copper to Consolidate at Highs (2016-8-17)

LME Copper to Consolidate at Highs (2016-8-17)

Aug 17, 2016 09:19

Source:SMM

LME copper will fluctuate at highs of USD 4,785-4,835/mt during Asian trading hours Wednesday.

SHANGHAI, Aug. 17 (SMM) – LME copper will fluctuate at highs of USD 4,785-4,835/mt during Asian trading hours Wednesday.

US dollar will face upward correction following losses while crude oil fluctuating at highs.

SHFE 1610 copper will fluctuate between RMB 37,250-37,700/mt on Aug. 17. Spot copper in China will be offered between discounts of RMB 30/mt and premiums of RMB 40/mt against SHFE 1609 copper.

LME copper prices

SHFE copper prices

.Cu prices

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

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

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

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

SMM Events & Webinars

All

Oct
20
- Li-ION BATTERY China
  Oct 20 - 21,2025
  Xiamen, China
Oct
20
- APAC (10th) Stainless Steel Industry Conference 2025
  Oct 20 - 21,2025
  Xiamen, China
Oct
22
- 2025 15th APAC TIN INDUSTRY CONFERENCE
  Oct 22 - 24,2025
  The 2025 Tin Industry Annual Conference will focus on "Opportunities and Challenges in a New Era.
  Yunnan · Gejiu

LME Copper to Consolidate at Highs (2016-8-17)

SMM Events & Webinars

Li-ION BATTERY China

APAC (10th) Stainless Steel Industry Conference 2025

2025 15th APAC TIN INDUSTRY CONFERENCE