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Home / Metal News / [Cu] CBI Morning Review - 2009/4/28 Copper Market

[Cu] CBI Morning Review - 2009/4/28 Copper Market

iconApr 28, 2009 00:00
Source:上海有色金属网

SHANGHAI, Apr. 28 (CBI China) -- The investors were concerns that the swine flu will cause economic losses, deteriorating the financial crisis, the U.S. dollar became strong and the U.S. stock slipped. LME three-month contract copper price closed at USD 4,310/mt, down USD 172.5/mt. The inventories declined by 4,275mt to 425,275mt. The recent inventories declines and rising cancelled warrants helped limit the downward room for LME copper price. LME copper price will keep moving around USD 4,300/mt this week.

 

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