Metals News
Copper in London Rebounds on Demand, Supply Outlook
industry news
Dec 15,2010

Dec. 15 (Bloomberg) -- Copper rebounded in London on expectation supply will lag behind demand as the global economy extends a recovery. Futures pared losses in Shanghai and New York.

The metal for three-month delivery on the London Metal Exchange rose as much as 0.4 percent to $9,205.75 a metric ton, and traded at $9,200 by 9:05 a.m. Singapore time. Copper reached a record $9,267.50 a ton yesterday, before erasing gains on concern China will step up measures to curb inflation.

March-delivery copper on the Shanghai Futures Exchange gained 0.2 percent to 68,910 yuan a ton, after falling as much as 0.3 percent earlier. Futures on the Comex in New York were little changed after dropping 0.4 percent earlier.





copper Cu
copper price
LME market
stock index futures
For queries, please contact Frank LIU at
For more information on how to access our research reports, please email
Related Price

No Data