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Home / Metal News / [Cu] SMM Morning Review - 2009/9/22 Copper Market

[Cu] SMM Morning Review - 2009/9/22 Copper Market

iconSep 22, 2009 00:00
Source:上海有色金属网

SHANGHAI, Sept. 22 (SMM) -- LME copper prices rebounded with the support from softened US dollar and increasing purchasing volumes when prices were low. However, continuous increases in copper inventories resulted in shortages of upward momentum for copper prices. LME three-month contract copper prices closed at USD 6,175/mt, up USD 35/mt. LME copper inventories increased by 4,125mt, bringing total inventories to 331,825mt. Copper prices will likely track last week trends during this week. 

 

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