Metals News
[Cu] CBI Morning Review - 2009/1/8 Copper Market
smm insight
Dec 7,2009

SHANGHAI, Jan. 8 (CBI China) -- As we expected yesterday, weight adjustment was absorbed by the market, LME copper returned to the weak fundamentals, three-month LME copper closed at USD 3,310/mt, down USD 135/mt. The inventory increased sharply by 7,825 mt, and the total inventory reached 351,325 mt. SHFE copper is expected to rebound slightly today.


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