Following a two-day decline on the LME, the cash price of primary copper climbed up 1.8 percent to end at $8,138 per metric ton on Dec. 11, 2012, according to MetalMiner’s daily copper price index.
Also on the LME, the copper 3-month price rose 1.8 percent to $8,111 per metric ton.
The price of US copper producer grade 122 rose 1.6 percent. The price of US copper producer grade 110 also increased 1.6 percent, while the price of US copper producer grade 102 finished the market day up 1.1 percent per pound.
The cash price of primary Japanese copper remained essentially flat.
Chinese copper wire saw its price rise 0.5 percent. Chinese copper bar gained 0.3 percent. After a 0.3 percent increase, the cash price of Chinese copper finished the day above $9,000 per metric ton. The price of Chinese bright copper scrap was essentially unchanged.