Markets News

Non-ferrous

Base Metals

Photovoltaic

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

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

New Energy

Lithium Cobalt Ternary Precursor and Material Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Hydrogen Energy

Dashboard DatabasePro Reports Events Consulting

Home / Metal News / LME Copper to Remain in Upward Track (2017-8-18)

LME Copper to Remain in Upward Track (2017-8-18)

Aug 18, 2017 09:28

Source:SMM

LME copper will trade at USD 6,430-6,475/mt on Friday, and SHFE 1710 copper will fluctuate at RMB 50,500-50,950/mt.

SHANGHAI, Aug. 18 (SMM) – LME copper will trade at USD 6,430-6,475/mt on Friday, and SHFE 1710 copper will fluctuate at RMB 50,500-50,950/mt.

In China’s domestic market, traders make firm offers, and spot copper should trade at discounts of RMB 120-90/mt.

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

The low season weakened economic activity across downstream copper sectors in Jul, except for power and electronics

Jul 31, 2018 15:45

SMM Insight

Low season keeps downstream copper PMI below 50 in Jul

LME Copper to Breach $7,500 in 2018, and China Copper Concentrate TCs to Slide

One industry insider reckons TCs of spot copper concentrate will slide in the near term, but has no idea about floor price for term TCs in 2018.

Sep 28, 2017 09:54

SMM Insight Industry

LME Copper to Breach $7,500 in 2018, and China Copper Concentrate TCs to Slide

China Imported Copper Concentrate TCs Stabilize This Week, SMM Reports

China’s TCs for imported copper concentrate stabilized this past week, and was offered at $79-85 per tonne on August 25, SMM data showed.

Aug 25, 2017 15:25

SMM Insight

China Imported Copper Concentrate TCs Stabilize This Week, SMM Reports

COMEX Copper Inventories (2017-8-16)

The table below shows copper inventories on the COMEX on August 16.

Aug 17, 2017 09:44

Industry

Copper Inventories in Shanghai Bonded Zone Grow for 2 Weeks, SMM Reports

Copper inventories in Shanghai bonded zone increased for two weeks on end, SMM understands.

Aug 11, 2017 16:36

SMM Insight Industry

Copper Inventories in Shanghai Bonded Zone Grow for 2 Weeks, SMM Reports

LME Copper to Hover at Highs (2017-8-11)

LME copper will trade at USD 6,380-6,430/mt on Friday, and SHFE 1710 copper will fluctuate between RMB 50,050-50,550/mt.

Aug 11, 2017 09:23

SMM Comments

LME Copper to Hover at Highs (2017-8-11)

CME Group metals volume gains 9 percent in July

Exchange operator CME Group reports that metals-trading volume averaged 550,000 contracts per day in July, up 9% from 503,000 in July 2016 and up 7% from 512,000 the prior month.

Aug 3, 2017 16:34

Industry

CME Group metals volume gains 9 percent in July

Codelco Replaced by Freeport as World Largest Copper Producer, Copper Output to Fall in Q2

Codelco has lost its positions as the world’s largest copper producer recently, which has been replaced by Freeport－McMoRan CopperGold Inc.

Aug 3, 2017 10:13

Industry Reminder

Codelco Replaced by Freeport as World Largest Copper Producer, Copper Output to Fall in Q2

SHFE Copper Finishes Lower (2017-7-28)

SHFE 1709 copper opened at RMB 50,060/mt and closed at RMB 49,940/mt, down RMB 210/mt.

Jul 28, 2017 19:42

SMM Comments

Copper Inventories in Shanghai Bonded Zone Decline This Week, SMM Reports

Copper inventories in Shanghai bonded zone decreased on a weekly basis during July 24-28, SMM understands.

Jul 28, 2017 18:45

Industry

Copper Inventories in Shanghai Bonded Zone Decline This Week, SMM Reports

SMM Events & Webinars

All

Apr
23
- Li-ion Battery Americas 2024
  Apr 23 - 25,2024
  LAS VEGAS, USA
Mar
04
- NET ZERO MEA 2024 - WIND SUMMIT
  Mar 04 - 06,2024
  Dubai, UAE
Mar
04
- NET ZERO MEA 2024 - SOLAR & ENERGY STORAGE SUMMIT
  Mar 04 - 06,2024
  Dubai, UAE

LME Copper to Remain in Upward Track (2017-8-18)

SMM Events & Webinars

Li-ion Battery Americas 2024

NET ZERO MEA 2024 - WIND SUMMIT

NET ZERO MEA 2024 - SOLAR & ENERGY STORAGE SUMMIT