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Copper to Remain Range-Bound, SMM Foresees

iconOct 28, 2016 19:33
Source:SMM
Copper will see range-bound trading next week, SMM predicts.

SHANGHAI, Oct. 28 (SMM) – Copper will see range-bound trading next week, SMM predicts.

The US dollar will remain strong in the coming week. Crude oil prices are expected to remain range-bound, SMM said.

LME copper will move between USD 4,680-4,850/mt. SHFE 1612 copper will consolidate around RMB 38,000/mt in the coming week.

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