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

SHANGHAI, Dec. 12 (CBI China) -- Base metals rebounded slightly due to sharp decline in U.S. dollar index, three-month LME copper closed at USD 3330/mt, up USD 23/mt. Inventory reduced slightly by 750mt, and the total inventory was 302,850 mt. SHFE copper remained relatively strong, with the inflow of imported copper, spot copper has been from premium to discount. The industries were all cautious about the rebound, and the market sentiment was not positive.


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