Metals News
[Cu] CBI Morning Review - 2009/1/9 Copper Market
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01:16PM
Dec 7,2009
Source:SMM

SHANGHAI, Jan. 9 (CBI China) -- London inventory continued to increase by 6,375 mt, the total inventory was 357,700 mt, LME copper closed at USD 3,225/mt, down USD 85/mt. SHFE copper is expected to decline to limit. The supply was tighter in spot market at present; the buyers’ sentiment became lower due to price declines, leading the reduction of transactions.

 

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