- The day’s biggest movers were the prices of US copper producer grades 110, 122 and 102, which dropped by 0.5 percent on June 6, 2012.
- The cash price of primary Japanese copper remained essentially flat at below $8,200 per metric ton.
- What happened in China and on the LME?
Prices for Chinese copper were up for the day.
Chinese bright copper scrap finished the day with a 0.3 percent increase. Chinese copper bar saw its price rise 0.3 percent as well. The cash price of Chinese copper and the Chinese copper wire price both also rose 0.3 percent on the day.
The copper 3-month price remained essentially flat on the LME at $7,365 per metric ton. Also on the LME, the cash price of primary copper held steady around $7,363 per metric ton.