Metals News
[Cu] CBI Morning Review - 2008/12/15 Copper Market
smm insight
01:16PM
Dec 7,2009
Source:SMM

SHANGHAI, Dec. 15 (CBI China) -- The U.S. Senate did not pass the bailout plan for the three major U.S. auto giant, which made the base metals market even worse. LME copper prices plummeted, three-month LME copper closed at USD 3165/mt, down USD 165/mt. The inventory increased 3975 mt; the total inventory amounted to 306,825 mt. After the bear news was digested, copper prices will remain the fluctuated and weak trend.


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