Metals News
[Cu] CBI Morning Review - 2008/12/29 Copper Market
smm insight
01:16PM
Dec 7,2009
Source:SMM

SHANGHAI, Dec. 29 (CBI China) -- Last Friday, SHFE copper declined with the lack of FME guidelines, indicating the low market confidence. U.S. COMEX LME copper resumed transactions first and closed higher, as a result, SHFE copper is expected to rebound slightly. As Jiangxi Copper and Yunan Copper were shutdown for maintenance, leading limited domestic supply, which may boost SHFE copper slightly.


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