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Home / Metal News / [Cu] CBI Morning Review - 2009/4/15 Copper Market

[Cu] CBI Morning Review - 2009/4/15 Copper Market

iconApr 15, 2009 00:00
Source:上海有色金属网

SHANGHAI, Apr. 15 (CBI China) -- The U.S. stock rebounded strongly, and Chinese import data still remained strong. LME inventories declined again, stimulating the copper price to rebound. Three-month LME copper closed at USD 4,635/mt, up USD 65/mt. The inventories declined by 4,775mt to 492,000mt. Yesterday, SHFE copper fell due to upward momentum shortage. LME copper rose again, which will boost copper price to inch up in the near future.

 

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