Chinese copper wire saw the biggest price decline on MetalMiner’s daily copper price index, dropping 1.3 percent on Nov. 12, 2012.
The price of Chinese copper bar fell 1 percent. The Chinese copper cash price saw a 1 percent decline as well. Closing out a three-day flat streak, the price of Chinese bright copper scrap moved up 0.9 percent.
The prices of US copper producer grades 102, 110 and 122 declined 0.7 percent. The cash price of primary Japanese copper saw essentially no change for the fifth day in a row.
The 3-month price of copper saw a 1 percent decline on the LME to $7,536 per metric ton. Also on the LME, the primary copper cash price declined 0.9 percent to $7,540 per metric ton.