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Home / Metal News / LME Copper to See Range-Bound Trading (2016-12-19)

LME Copper to See Range-Bound Trading (2016-12-19)

Dec 19, 2016 10:14

Source:SMM

LME copper is expected to range between USD 5,600-5,670/mt with resistance on Monday and SHFE 1702 copper will move at RMB 46,000-46,500/mt.

SHANGHAI, Dec. 19 (SMM) – Market players are more likely to withdraw funds at the end of year. LME copper is expected to range between USD 5,600-5,670/mt with resistance on Monday and SHFE 1702 copper will move at RMB 46,000-46,500/mt.

In China’s domestic market, spot copper should trade at discounts of RMB 120-80/mt on Monday.

SHFE copper

LME copper

copper prices

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SHFE Copper to Underperform LME Copper (2017-8-24)

Copper market lacks rising momentum, and LME copper will meet resistance at USD 6,600/mt, and SHFE copper will underperform LME copper.

Aug 24, 2017 09:48

SMM Comments

SHFE Copper Closes with Big Gains (2017-7-12)

SHFE 1709 copper opened at RMB 47,330/mt and closed at RMB 47,250/mt, up RMB 410/mt.

Jul 12, 2017 18:16

SMM Comments

SHFE Copper Closes with Big Gains (2017-7-12)

LME Copper to Move Lower (2017-5-4)

LME copper will move at USD 5,560-5,610/mt during Asian trading hours on Thursday and SHFE 1706 copper will move at RMB 45,400-45,800/mt.

May 4, 2017 09:36

SMM Comments

LME Copper to Move Lower (2017-3-13)

LME copper will trade at USD 5,700-5,760/mt on Monday and SHFE 1704 copper will move at RMB 46,800-47,300/mt.

Mar 13, 2017 09:32

SMM Comments

LME Copper to Move Lower (2017-3-10)

LME copper will trade at USD 5,650-5,710/mt on Friday and SHFE 1704 copper will move at RMB 46,000-46,500/mt.

Mar 10, 2017 09:54

SMM Comments

SHFE Copper Closes with Losses (2017-3-9)

SHFE 1705 copper opened at RMB 46,900/mt and closed at RMB 46,570/mt.

Mar 9, 2017 17:15

SMM Comments

SHFE Copper Closes with Losses (2017-3-9)

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

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

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LME Copper to See Range-Bound Trading (2016-12-19)

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