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Home / Metal News / LME Copper to Rise Slightly (2016-9-7)

LME Copper to Rise Slightly (2016-9-7)

Sep 7, 2016 09:31

LME copper is expected to move at USD 4,630-4,670/mt on Wednesday and SHFE 1611 copper will range between RMB 36,450-36,750/mt.

SHANGHAI, Sept. 7 (SMM) – Crude oil regained the lost ground due to soft US dollar. LME copper is expected to move at USD 4,630-4,670/mt on Wednesday and SHFE 1611 copper will range between RMB 36,450-36,750/mt. Spot prices should be traded at premiums of RMB 60-90/mt in China’s domestic market.

LME copper prices

SHFE copper prices

copper prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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LME Copper to Rise Slightly (2016-9-7)

SMM Events & Webinars

2026 SMM (21th) Lead & Zinc Conference and Industry Expo

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