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Home / Metal News / [Cu] CBI Morning Review - 2009/6/17 Copper Market

[Cu] CBI Morning Review - 2009/6/17 Copper Market

iconJun 17, 2009 00:00
Source:上海有色金属网

SHANGHAI, June 17 (CBI China) -- US dollar weakened, but the weak US economic data failed to boost the confidence of investors in economic recovery. LME three-month contract copper price closed at USD 4,955/mt, down USD 60/mt. LME copper inventories declined by 1,925mt, bringing total inventories to 285,050mt. LME copper price will continue to fluctuate, and SHFE copper price will fall, but with limited downward room. The price fluctuation range is expected to edge down.

 

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