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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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SHFE 1703 copper opened at RMB 46,780/mt today, and rose to RMB 47,600/mt on possible strike news at Escondida copper mine. In the afternoon, SHFE 1703 copper reached RMB 47,690/mt, and closed at RMB

Feb 8, 2017 17:57

SMM Comments

SHFE 1703 Copper Closes with Increase (2017-2-8)

Copper headed for the biggest monthly gain in a decade

The metal prices are headed for the biggest monthly gain in almost a decade.

Nov 28, 2016 11:01

Industry

SHFE Copper Finishes with Gains (2016-9-30)

SHFE 1611 copper started at RMB 37,670/mt and ended at RMB 37,720/mt on Friday.

Sep 30, 2016 19:03

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

SHFE Copper Closes Higher (2016-9-20)

SHEF 1611 copper opened at RMB 37,240/mt and closed at RMB 37,280/mt, up RMB 170/mt with positions down 6,998.

Sep 20, 2016 17:47

SMM Comments

North American Copper Scrap Prices Unchanged On Index on 19th Sep, 2016

The North American copper scrap prices remained flat on September 19th, Monday.

Sep 20, 2016 14:37

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

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LME Copper to Strengthen (2016-9-21)

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2025 SMM SOUTH AMERICAN LITHIUM RESOURCES FIELD TRIP

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