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

LME Copper to Strengthen (2016-9-21)

iconSep 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

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

Related news

SMM Events & Webinars

All