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Home / Metal News / [Cu] CBI Morning Review - 2009/4/14 Copper Market

[Cu] CBI Morning Review - 2009/4/14 Copper Market

iconApr 14, 2009 00:00
Source:上海有色金属网

SHANGHAI, Apr. 14 (CBI China) -- Three-month LME copper followed the upward trend of SHFE copper during the holiday, with the latest price at USD 4,849/mt, up USD 287/mt. Recently, SHFE copper inventories remained low, with the spot premium as high as RMB 1,000/mt. The positive copper import data during March drove up the market sentiment. The upward trend of LME copper will propel SHFE copper to rise, so copper price is likely to hit a record high in the near future.

 

Copyright ? 2009, CBI (Shanghai) Co., Ltd. All Rights Reserved.

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