Metals News
[Cu] CBI Morning Review - 2008/12/5 Copper Market
data analysis
Dec 7,2009

SHANGHAI, Dec. 5 (CBI China) -- The European Central Bank (ECB) cut interest rate by 75 basis points, the largest ever since its establishment. It aggravated the concern about economy, which is expected to fall into deeper recession. LME copper prices plummeted, closed at USD 3,270/mt, down USD 140/mt, inventory slightly increased 200mt, making the total inventory up to 292,975mt. Tonight, market will closely watch non-farm employment data released by the United States. Today, SHFE copper will continue decline.

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: or tel:86-21-51550040

copper Cu
Market movement
For queries, please contact Frank LIU at
For more information on how to access our research reports, please email
Related Price

No Data