LME Cash Price of Primary Copper Lower

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With a decline of 1.5 percent on the LME to $8,155 per metric ton on Sept. 25, 2012, the copper cash price recorded the biggest decline on MetalMiner’s daily copper price index. The copper 3-month price weakened by 1.4 percent on the LME, settling at $8,168 per metric ton.

The prices of US copper producer grades 102, 110 and 122 saw a 0.7 percent decline on Sept. 25. The cash price of primary Japanese copper was unchanged.

Meanwhile, Chinese copper prices were mixed for the day.

The price of Chinese copper bar is back up, rising by 0.3 percent yesterday. Following a two-day drop, the Chinese copper cash price increased by 0.3 percent as well.

Chinese copper wire finished the day with a 0.2 percent increase. The price of Chinese bright copper scrap showed little movement on Tuesday.

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