Chinese Copper Wire Price Moves Down 1.3%

On Sept. 24, 2012, the day’s biggest mover on MetalMiner’s copper price index was the price of Chinese copper wire, which saw a 1.3 percent decline.

The price of Chinese copper bar declined 1.3 percent, and the cash price of Chinese copper saw a 1.3 percent decline as well. The price of Chinese bright copper scrap held steady.

The prices of US copper producer grades 102, 110 and 122 all fell 1.1 percent. The Japanese copper cash price saw little movement on the day.

On the LME, the 3-month price of copper increased 1 percent to $8,280 per metric ton. Also on the LME, the primary copper cash price gained 0.8 percent to finish at $8,282 per metric ton.

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