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Home / Metal News / [Cu] SMM Morning Review - 2009/8/18 Copper Market

[Cu] SMM Morning Review - 2009/8/18 Copper Market

iconAug 18, 2009 00:00
Source:上海有色金属网

SHANGHAI, Aug. 18 (SMM) -- Although the US manufacturing index in August was positive, LME copper prices dipped, as Chinese, European and US stock markets dropped, and the US dollar index moved upward. LME copper three-month contract prices closed at USD 6,095/mt, down USD 150/mt. LME copper inventories increased by 1,175mt, bringing total inventories to 294,050mt. Copper prices are expected to fluctuate higher today after marked adjustments yesterday. 

 

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

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