Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

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

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Car Insight

Home / Metal News / LME Copper to Remain in Downward Track (2017-7-5)

LME Copper to Remain in Downward Track (2017-7-5)

Jul 5, 2017 09:26

Source:SMM

LME copper will trade at USD 5,860-5,900/mt on Wednesday and SHFE 1709 copper will fluctuate between 47,000-47,400/mt.

SHANGHAIM, Jul. 5 (SMM) – Eyes should be on composite PMIs from China and Europe on Wednesday. LME copper will trade at USD 5,860-5,900/mt on Wednesday and SHFE 1709 copper will fluctuate between 47,000-47,400/mt.

In China’s domestic market, spot copper should trade at premiums of RMB 0-40/mt on Wednesday.

SHFE copper

LME copper

copper prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

Related news

Copper Prices to Move Rangebound

The Federal Reserve announced to accelerate the tapering of bond purchases at its interest rate meeting last week.

Dec 20, 2021 16:15

Analysis

Copper Prices to Edge up amid Low Inventory

The October CPI in the US due last week increased by 6.2% year-on-year, the biggest increase in 31 years, and up 0.9% month-on-month, the largest gain in four months.

Nov 15, 2021 14:47

Analysis

Copper Prices to Edge up amid Low Inventory

Key Copper Companies Issued Good Earnings Reports for Third Quarter on Higher Copper Prices

Since the beginning of this year, the copper prices have continued to rise, reaching the highest level since May 2006 in May. The high copper prices have made relevant companies profitable.

Nov 4, 2021 17:32

Analysis

Key Copper Companies Issued Good Earnings Reports for Third Quarter on Higher Copper Prices

SHFE Copper Finishes with Losses (2017-1-6)

SHFE 1703 copper opened at RMB 45,300/mt and finally closed at RMB 45,350/mt, down RMB 500/mt.

Jan 6, 2017 21:29

SMM Comments

SHFE Copper Finishes with Losses (2017-1-6)

LME Copper to See Range-Bound Trading (2017-1-5)

LME copper is expected to move at USD 5,550-5,650/mt during Asian trading hours on Thursday and SHFE 1703 copper will move at RMB 45,500-46,100/mt.

Jan 5, 2017 10:06

SMM Comments

LME Copper to See Range-Bound Trading (2017-1-5)

LME Copper to See Range-Bound Trading (2016-12-22)

LME copper is expected to range between USD 5,480-5,540/mt during Asian trading hours on Thursday and SHFE 1702 copper will move at RMB 44,900-45,350/mt.

Dec 22, 2016 09:57

SMM Comments

LME Copper to See Range-Bound Trading (2016-12-22)

SHFE Copper to Strengthen (2016-12-6)

LME copper is predicted to range between USD 5,880-5,980/mt during Asian trading hours on Tuesday and SHFE 1702 copper will move at RMB 47,900-48,800/mt.

Dec 6, 2016 09:50

SMM Comments

LME Copper to See Range-Bound Trading (2016-12-5)

LME copper is expected to range between USD 5,730-5,800/mt during Asian trading hours on Monday and SHFE 1702 copper will move at RMB 46,200-46,950/mt.

Dec 5, 2016 10:17

SMM Comments

SHFE Copper Finishes with Gains (2016-12-1)

SHFE 1702 copper opened at RMB 47,160/mt and finally closed at RMB 47,060/mt, up RMB 840/mt.

Dec 1, 2016 17:07

SMM Comments

LME Copper to See Rang-Bound Trading (2016-11-28)

LME copper is expected to move at USD 5,880-5,960/mt during Asian trading hours on Monday and SHFE 1701 copper will range between RMB 48,000-48,850/mt.

Nov 28, 2016 09:51

SMM Comments

SMM Events & Webinars

All

Oct
09
- NET ZERO EUROPE - Solar & Energy Storage Summit
  Oct 09 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia

LME Copper to Remain in Downward Track (2017-7-5)

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit