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Home / Metal News / LME Copper to Strengthen (2016-9-21)

LME Copper to Strengthen (2016-9-21)

Sep 21, 2016 09:36

Source:SMM

LME copper is predicted to move at USD 4,750-4,790/mt on Wednesday and SHFE 1611 copper will range between RMB 37,250-37,550/mt.

SHANGHAI, Sept. 21 (SMM) - Falling US dollar and rising crude oil help copper prices up. LME copper is predicted to move at USD 4,750-4,790/mt on Wednesday and SHFE 1611 copper will range between RMB 37,250-37,550/mt.

In China’s domestic market, spot copper should be traded at premiums of RMB 70-110/mt on Wednesday.

LME copper prices

SHFE copper

Copper prices

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LME copper will trade at USD 5,900-5,980/mt on Friday and SHFE 1704 copper will move at RMB 47,900-48,500/mt.

Mar 3, 2017 09:25

SMM Comments

LME Copper to See Range-Bound Trading (2017-3-3)

LME Copper to Stay Firm (2017-3-2)

LME copper will trade at USD 5,960-6,060/mt on Thursday and SHFE 1704 copper will move at RMB 48,500-49,100/mt.

Mar 2, 2017 09:41

SMM Comments

SHFE Copper Finishes Lower (2017-2-22)

SHFE 1704 copper started at RMB 49,040/mt and ended at RMB 48,660/mt, down RMB 390/mt.

Feb 22, 2017 16:14

SMM Comments

SHFE Copper to Remain Range-Bound Trading (2017-1-11)

LME copper is expected to move at USD 5,640-5,750/mt during Asian trading hours on Wednesday and SHFE 1703 copper will move at RMB 46,000-47,000/mt.

Jan 11, 2017 09:31

SMM Comments

SHFE Copper to Remain Range-Bound Trading (2017-1-11)

SHFE Copper Finishes with Losses (2017-1-6)

SHFE 1703 copper opened at RMB 45,300/mt and finally closed at RMB 45,350/mt, down RMB 500/mt.

Jan 6, 2017 21:29

SMM Comments

SHFE Copper Finishes with Losses (2017-1-6)

LME Copper to See Range-Bound Trading (2016-12-22)

LME copper is expected to range between USD 5,480-5,540/mt during Asian trading hours on Thursday and SHFE 1702 copper will move at RMB 44,900-45,350/mt.

Dec 22, 2016 09:57

SMM Comments

LME Copper to See Range-Bound Trading (2016-12-22)

LME Copper to See Range-Bound Trading (2016-12-5)

LME copper is expected to range between USD 5,730-5,800/mt during Asian trading hours on Monday and SHFE 1702 copper will move at RMB 46,200-46,950/mt.

Dec 5, 2016 10:17

SMM Comments

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

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

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