Chinese Copper Wire Price Drops, But LME, Producer Prices Flat

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The day’s biggest mover broke away from a static phase with a 0.7 percent drop on Feb. 18, 2013. After three changeless days, the price of Chinese copper wire closed down.

today's metal prices - MetalMiner IndXThe price of Chinese copper bar saw essentially no change for the fifth day in a row. For the fifth consecutive day, the cash price of Chinese copper held flat, and the price of Chinese bright copper scrap remained essentially flat.

The price of US copper producer grades 102, 110 and 122 saw little change in their prices last Friday. The Japanese copper cash price was unchanged.

On the LME, the cash price of primary copper saw little movement last Friday at $8,198 per metric ton. Also on the LME, the copper 3-month price held steady around $8,235 per metric ton.