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LME Copper to See Range-Bound Trading (2016-9-1)
Sep 1,2016 09:49CST
price review forecast
Source:SMM
LME copper should range between USD 4,610~4,650/mt on Thursday and SHFE 1610 copper will fluctuate at RMB 36,200~36,550/mt.

SHANGHAI, Sept.1 (SMM) – Struggle between shorts and longs intensifies in peak season. Rebound of base metals price should limited with more negative factors for the short term.

LME copper should range between USD 4,610~4,650/mt on Thursday and SHFE 1610 copper will fluctuate at RMB 36,200~36,550/mt. Spot prices in China are expected to trade at premiums of RMB 30-70/mt. 


LME copper price
SHFE copper prices
copper prices

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