US Copper Producer Grade 122 Price Up After Two-Day Drop

All US copper producer grades tracked by MetalMiner’s daily copper price index — 102, 110 and 122 — closed up 0.5 percent on July 26, 2012, halting two days of weakening prices.

The 3-month price of copper saw little movement on Thursday on the LME, closing out around $7,403 per metric ton. Also on the LME, the cash price of primary copper showed little movement on Thursday, hovering around $7,395 per metric ton.

Asian prices were mixed…

The cash price of primary Japanese copper held steady below $8,200 per metric ton.

Chinese copper prices were mixed for the day.

The price of Chinese copper bar declined 0.4 percent. The cash price of Chinese copper saw a 0.4 percent decline. Chinese copper wire prices saw a 0.4 percent decline as well. The price of Chinese bright copper scrap remained essentially flat.

Much more at MetalMiner IndX℠.

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