Following China's Labour Day holidays, the US and the Eurozone will make interest rate announcements,

The direction of copper prices will also be influenced by the US non-farm statistics from ADP and the April PMI, both of which are due over the holidays.

In May 4-5, most active Shanghai Futures Exchange copper agreement prices are predicted to fluctuate between 66,000 and 67,500/metric tonnes.

The London Metal Exchange copper prices will deals between 8,400 dollar and 8,650/metric tonnes the following week

Downstream purchasers will replenish their inventories. While in May 4-5, spot premiums are anticipated to fluctuate between 30 and 70 yuan/metric tonnes.