China Copper Wire Price Down 10th Straight Day

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On Oct. 29, 2012, the copper cash price fell by 1.1 percent on the LME, landing at $7,764 per metric ton and making it the day’s biggest mover on MetalMiner’s copper price index. The copper 3-month price on the LME has been on the decline for 9 days and is now at $7,765 per metric ton.

today's copper prices - MetalMiner IndXThe prices of US copper producer grades 102, 110 and 122 halted their two-day flat run with a 0.2 percent decline. For the fifth consecutive day, the Japanese copper cash price held flat.

Chinese copper closed mixed yesterday.

Chinese copper wire closed 0.3 percent lower. For the 10th day in a row, the price of Chinese copper bar fell but still holds between $9,000 and $10,000 per metric ton. The Chinese copper cash price has been on the decline for 10 days also. The price of Chinese bright copper scrap held steady.

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