Non-ferrous
Non-ferrous
Base Metals
Photovoltaic
Rare Earth
Minor Metals
Precious Metals
Scrap Metals
New Energy
DashboardDatabaseProReportsEvents
Download our mobile app to
your devices
Copper Prices to Look for Support (2017-9-18)
Sep 18, 2017 09:23
CSTSource:SMM
Copper prices will look for support and probably hover around current levels due to fierce competition between longs and shorts.
SHANGHAI, Sept. 18 (SMM) – Copper prices will look for support and probably hover around current levels due to fierce competition between longs and shorts. Market should closely watch changes in LME copper stocks. LME copper will range USD 6,470-6,520/mt today, while SHFE 1711 copper will move at RMB 49,900-50,450/mt.
In domestic spot market, spot premiums are expected at RMB 30-60/mt.
SHFE copper prices
copper prices
base metal price forecast
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
Low season keeps downstream copper PMI below 50 in Jul
The low season weakened economic activity across downstream copper sectors in Jul, except for power and electronics
Jul 31, 2018 15:45CST
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 16:36CST
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 09:23CST
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 19:42CSTCopper 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 18:45CST
SMM Events & Webinars
All- Oct30
Li-ION BATTERY EUROPE 2023
Oct 30 - Nov 01,2023Li-ion Battery Europe 2023 is at the forefront of expediting the development of EV & Li-ion Battery in EuropeBudapest, Hungary
MOST POPULAR
Shanghai Metals Market
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
+86 18155546290
Copyright © 2023 SMM Information & Technology Co., Ltd. All rights reserved.
