Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

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

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / Copper Prices to Keep Rising, SMM Says

Copper Prices to Keep Rising, SMM Says

Nov 11, 2016 18:13

Copper prices will extend gains in the coming week, SMM says.

SHANGHAI, Nov. 11 (SMM) - Copper prices will extend gains in the coming week, SMM says.

LME copper will rise to $6,000 per tonne in the coming week, and SHFE 1701 copper will advance to 48,000 yuan per tonne in the coming week.

But the US dollar will remain strong, constraining some gains in copper, SMM added.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

Copper prices

SHFE copper prices

LME copper prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Copper prices opened lower last week. In contrast, the traded prices of copper scrap were high due to tight supply and stockpiling by processing companies after the Mid-Autumn Festival holidays.

Sep 27, 2021 11:09

Analysis

Copper Scrap Supply Still Tight, Consumption Relatively Weak

SMM strives to provide better pricing services after achieving IOSCO standards in price assessments

SMM is the first non-ferrous metal pricing platform in China that has passed the independent audit of the International Organization of Securities Commissions (IOSCO) financial index standard in 2020. This is also the first year that the China leading pricing provider has achieved the ISOCO standards.

Dec 4, 2020 09:30

SMM Comments Analysis SMM Insight

SMM strives to provide better pricing services after achieving IOSCO standards in price assessments

Copper Spot Premiums Plunge on Selloffs, SMM Reports

Spot premiums on copper slumped on October 12 due to selloffs, SMM reported.

Oct 12, 2017 17:50

SMM Insight Industry

Copper Spot Premiums Plunge on Selloffs, SMM Reports

LME Copper to Face Great downward Pressure (2017-9-22)

LME copper will fluctuate between USD 6,425-6,470/mt on Friday, and SHFE 1709 copper will drop further to RMB 49,800-50,300/mt.

Sep 22, 2017 09:34

SMM Comments

LME Copper to Face Great downward Pressure (2017-9-22)

KGHM: Copper Has No Fundamental Reason to Stay below $5,500

Copper prices will have no reason to stay below $5,500 per tonne in the fundamental respect, said Radoslaw Domagalski-Labedzki, Chief Executive Officer (CEO) of KGHM.

May 9, 2017 15:12

Industry Reminder

KGHM: Copper Has No Fundamental Reason to Stay below $5,500

Major Brass, Copper Scrap prices in India decline; Copper Futures up 2.9 percent

Major brass and copper scrap prices in India showed a down trend during Monday, while copper futures prices at India's Multi Commodity Exchange settled 2.09 percent higher.

May 3, 2017 09:13

Industry

Major Brass, Copper Scrap prices in India decline; Copper Futures up 2.9 percent

Copper to Remain Range-Bound (2017-3-23)

LME copper will trade at USD 5,750-5,850/mt on Thursday and SHFE 1705 copper will move at RMB 46,750-47,250/mt.

Mar 23, 2017 09:49

SMM Comments

Copper to Remain Range-Bound (2017-3-23)

SHFE 1705 Copper Closes Higher (2017-3-15)

Labor Union of Escondida copper mine refused renegotiation. SHFE 1705 copper opened at RMB 47,610/mt today, and then rose to RMB 47,740/mt. with exodus of longs after profit-taking, SHFE 1705 copper

Mar 15, 2017 17:52

SMM Comments

How Environmental Protection Action Affect Chinese Copper Industry? SMM Reports

China enhanced environmental protection inspections recently due to severe air pollution. What’s the impact on domestic copper industry?

Dec 12, 2016 11:04

SMM Insight Industry Reminder

How Environmental Protection Action Affect Chinese Copper Industry? SMM Reports

Chinese copper scrap prices witness sharp rally on Index 24th Nov, 2016

Chinese copper scrap prices rallied sharply on Thursday, 24th November.

Nov 28, 2016 11:06

Industry

SMM Events & Webinars

All

Sep
15
- NET ZERO CHINA Field Trip
  Sep 15 - 19,2025
  中国
Sep
26
- 2025 ASIA BATTERY MATERIAL COOPERATION SALON
  Sep 26 - 26,2025
  Time：9.26 2025 Place：Seoul， South Korea
  Seoul， South Korea
Oct
14
- SMM LME Metals Seminar 2025
  Oct 14 - 14,2025
  Emmanuel Centre，London , the United Kingdom

Copper Prices to Keep Rising, SMM Says

SMM Events & Webinars

NET ZERO CHINA Field Trip

2025 ASIA BATTERY MATERIAL COOPERATION SALON

SMM LME Metals Seminar 2025