US Copper Producer Prices Drop on Weekly Index

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Following a 1.6 percent decline, the price of US copper producer grade 102 finished as the week’s biggest mover on the weekly Copper MMI®.

today's copper prices - MetalMiner IndXThe price of US copper producer grade 122 saw a 0.2 percent drop this week. The price of US copper producer grade 110 fell 0.2 percent as well.

Following a steady week, prices for Korean copper strip closed flat. The cash price of primary Japanese copper stayed essentially flat.

Chinese copper prices were mixed for the week. The price of Chinese copper wire rose 1.3 percent after falling 2.1 percent during the previous week. The price of Chinese copper bar rose 1.2 percent after falling 2 percent during the previous week.

The cash price of Chinese copper rose 1.2 percent after falling 2 percent during the previous week. After a 1 percent decline, Chinese bright copper scrap closed out the week down.

The 3-month price of copper rose 0.6 percent on the LME to $7,871 per metric ton after falling 2.6 percent during the previous week. The cash price of primary copper rose 0.6 percent on the LME to $7,897 per metric ton after falling 1.9 percent during the previous week.

today's metal prices - MetalMiner IndXThe Copper MMI® collects and weights 12 global copper metal price points to provide a unique view into copper price trends. For more information on the Copper MMI®, how it’s calculated or how your company can use the index, please drop us a note at: info (at) agmetalminer (dot) com.

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