On March 12, 2013, the copper cash price fell by 0.7 percent on the LME, landing at $7,675 per metric ton and making it the day’s biggest mover. Also on the LME, the copper 3-month price fell 0.6 percent to $7,701 per metric ton.
Chinese copper closed mixed yesterday. Chinese copper wire finished the day up 0.1 percent. The price of Chinese copper bar steadied following two days of increases. Following a two-day rise, the Chinese copper cash price flattened. The price of Chinese bright copper scrap was essentially unchanged.