Current Copper Market Prices Quiet on Daily Index

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On Oct. 5, 2012, the cash price of primary copper experienced the biggest change on MetalMiner’s daily copper price index, rising 0.6 percent on the LME to $8,324 per metric ton. Also on the LME, the 3-month price of copper rose 0.5 percent to $8,330 per metric ton.

Since then, LME copper prices have fallen around 1 percent, as traders were keeping an eye on the Chinese demand outlook, Eurozone policy developments and the US jobless rate.

Prices for US copper producer grades 102, 110 and 122 showed little movement last Friday. The Japanese copper cash price was unchanged as well.

Chinese copper bar, wire and other prices were flat for the day.

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