Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

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

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / LME Copper to Face Downward Pressure (2016-9-19)

LME Copper to Face Downward Pressure (2016-9-19)

Sep 19, 2016 09:45

Source:SMM

LME copper is predicted to keep testing support at the 40-day moving average and will range between USD 4,730-4,770/mt on Monday. SHFE 1611 copper is expected to move at RMB 37,000-37,400/mt today.

SHANGHAI, Sept. 19 (SMM) – LME copper is predicted to keep testing support at the 40-day moving average and will range between USD 4,730-4,770/mt on Monday. SHFE 1611 copper is expected to move at RMB 37,000-37,400/mt today.

In China’s domestic market, spot copper should be traded at premiums of RMB 50-120/mt on Monday.

LME copper prices

SHFE copper prices

Copper prices

For queries, please contact William Gu at williamgu@smm.cn

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

SHFE 1611 copper started lower at RMB 37,840/mt and ended at RMB 37,760/mt.

Sep 26, 2016 18:08

SMM Comments

SHFE Copper Ends with Small Losses (2016-9-26)

SHFE 1611 copper started lower at RMB 37,840/mt and finally ended at RMB 37,760/mt.

Sep 26, 2016 17:58

SMM Comments

SHFE Copper Ends with Gains (2016-9-23)

SHFE 1611 copper started at RMB 37,770/mt and ended at RMB 37,860/mt, up RMB 370/mt with positions down 3,260.

Sep 23, 2016 18:13

SMM Comments

LME Copper to Face Downward Pressure (2016-9-23)

LME copper should stabilize at USD 4,815-4,855/mt on Friday and SHFE 1611 copper will range between RMB 37,500-37,850/mt.

Sep 23, 2016 09:58

SMM Comments

SHFE Copper Ends with Small Gains (2016-9-21)

SHFE 1611 copper opened at RMB 37,360/mt and finally closed at RMB 37,300/mt, up RMB 60/mt with positions down 2,578.

Sep 21, 2016 17:19

SMM Comments

LME Copper to Stay Range-Bound (2016-9-20)

LME copper is expected to range at USD 4,740-4,770/mt on Tuesday and SHFE 1611 copper will move at RMB 37,100-37,400/mt.

Sep 20, 2016 09:52

SMM Comments

SHFE Copper Closes Higher (2016-9-19)

HFE 1611 copper started higher at RMB 37,100/mt and ended at RMB 37,230/mt, up RMB 590/mt with positions down 12,166.

Sep 19, 2016 17:35

SMM Comments

SHFE Copper Closes with Gains (2016-9-14)

SHFE 1611 copper started at RMB 36,600/mt and ended at RMB 36,730/mt, up RMB 250/mt with positions down 16,066.

Sep 14, 2016 16:39

SMM Comments

Copper Price Forecast, September 2016: Prices Dip this Week on Stronger U.S. Dollar

Copper prices dipped this week with a stronger U.S. dollar hindering foreign demand for the metal.

Sep 14, 2016 14:25

SMM Comments

LME Copper to Move Lower (2016-9-14)

LME copper should range between USD 4,635-4,675/mt on Wednesday with resistance at the 20-day moving average and SHFE 1611 copper will fluctuate at RMB 36,450-36,700/mt.

Sep 14, 2016 09:48

SMM Comments

SMM Events & Webinars

All

Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  NET ZERO MEA is the premier leadership summit of solar, energy storage, and renewable energy sectors in the Mid-East.
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China
Apr
16
- CLNB 2025 New Energy Industry Chain Expo
  Apr 16 - 18,2025
  Suzhou International Expo Center, Jiangsu, China

LME Copper to Face Downward Pressure (2016-9-19)

SMM Events & Webinars

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo

CLNB 2025 New Energy Industry Chain Expo