Metals News
[Cu] CBI Morning Review - 2008/12/8 Copper Market
data analysis
01:16PM
Dec 7,2009
Source:SMM

SHANGHAI, Dec. 8 (CBI China) -- Non-agricultural employment in the US decreased 533,000, which exceeds expectation greatly. The metal market is depressed again. Three-month LME copper opened at USD 3,000/mt, high USD 9,650/mt, low USD 2,998.5/mt, closed at USD 3,070/mt, down USD 200/mt. Inventory increases 4,325mt and the total inventory is 297,300mt. There exists technological rebound in LME copper, but weak trend will be unchanged.


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