SHANGHAI, Nov. 24 (SMM) – LME copper will move at lows between USD 4,435-4,495/mt during Asian trading hours Tuesday.
See forecast for other base metals, please click: Shanghai Zinc and Lead to Outperform Others, SMM Says
SHFF 1601 copper should range between RMB 33,200-33,800/mt on Nov. 24 and spot copper will be offered between discounts of RMB 60/mt and premiums of RMB 10/mt.
UD dollar continues to weigh on base metals but news of crude oil and fundamental is expected in market.
Key Macroeconomic Indicators for Base Metal Prices (2015-11-24)