Metals News
[Cu] CBI Morning Review - 2009/1/13 Copper Market
smm insight
01:16PM
Dec 7,2009
Source:SMM

SHANGHAI, Jan. 13 (CBI China) -- It is reported that China's State Reserve Bureau would stop reserves of copper due to prices, LME inventory increased by 5,925 mt, and the total inventory reached 369,500 mt. The demand concerns deepened, LME copper declined by USD 170/mt, closed at USD 3260/mt. SHFE copper is expected to recover, the copper price fluctuated frequently recently, dampening the market sentiment, as a result, the market transactions were slim.


Copyright © 2008, CBI (Shanghai) Co., Ltd. All Rights Reserved.

None of this material may be used for any commercial or public use in any form or means, without the prior written consent of CBI China. For reproduction issue, please contact us by email: metalresearch@cbichina.com or tel:86-21-51550040

CBI China CBMB
copper Cu
Market movement
For queries, please contact Frank LIU at liuxiaolei@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Related Price

No Data