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Home / Metal News / [Cu] CBI Morning Review - 2009/4/29 Copper Market

[Cu] CBI Morning Review - 2009/4/29 Copper Market

iconApr 29, 2009 00:00
Source:上海有色金属网

SHANGHAI, Apr. 29 (CBI China) -- The risk avoidance sentiment caused by swine flu still dominated the market, so the crude oil, gold and stock market became soft, dragging down LME copper price. LME three-month contract copper price closed at USD 4,175/mt, down USD 135/mt. The inventories declined by 5,000mt to 420,275mt. The market price moved downward due to negative impact of swine flu. However, whether or not the impact will last for a long time remains to be seen, and the price will continue to fluctuate in the short term.

 

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

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