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Home / Metal News / [Cu] SMM Morning Review - 2009/9/10 Copper Market

[Cu] SMM Morning Review - 2009/9/10 Copper Market

iconSep 10, 2009 00:00
Source:上海有色金属网

SHANGHAI, Sept. 10 (SMM) -- LME copper prices curbed previous gains negatively affected by investors’ profit-takings. LME copper three-month contracts prices closed at USD 6,380/mt, down USD 80/mt. LME copper inventories increased by 1,250mt, bringing total inventories to 316,800mt. SHFE copper prices soared above RMB 50,000/mt, but SHFE copper prices are expected to fall below RMB 50,000/mt today given dropping LME copper prices.

 

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

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