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Home / Metal News / [Cu] SMM Morning Review - 2009/11/3 Copper Market

[Cu] SMM Morning Review - 2009/11/3 Copper Market

iconNov 3, 2009 00:00
Source:上海有色金属网

SHANGHAI, Nov. 3 (SMM) -- The US construction spending rose unexpectedly in September, and the pending home sales index was also better than expected, helping LME copper prices rebound. LME copper prices closed at USD 6,550/mt, up USD 70/mt. LME copper inventories declined by 25mt, bringing total inventories to 372,175mt. Recently, LME copper prices showed strong performance during Asian trading period, and SHFE copper prices are expected to be strong today.

 

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

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