Metals News
[Cu] CBI Morning Review - 2009/1/12 Copper Market
data analysis
01:16PM
Dec 7,2009
Source:SMM

SHANGHAI, Jan. 12 (CBI China) -- Dow Jones AIG index annual weight adjustment was implemented during January 9th – 15th. Propelled by the index fund buy order, overnight LME copper increased by USD 205/mt, LME inventory reached 360 kt. Domestic spot goods were limited, production suspension increased, and the State Reserves news was operated, leading strong fluctuations of copper price recently. SHFE copper are expected to rise sharply today propelled by the LME copper prices.


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