On Feb. 25, 2013, the day’s biggest mover was the price of Chinese bright copper scrap, which saw a 2.9 percent decline.
The price of Chinese copper wire fell 0.5 percent. Chinese copper bar fell 0.4 percent on Monday. The Chinese copper cash price fell 0.4 percent.
The cash price of primary copper on the LME has been on the decline for 7 days and is now at $7,820 per metric ton. The copper 3-month price on the LME has been on the decline for 7 days and is now at $7,848 per metric ton.