On the LME, the primary copper cash price gained 0.8 percent to finish at $7,547 per metric ton on April 11, 2013, making it the day’s biggest mover. The copper 3-month price increased 0.8 percent on the LME , ending at $7,575 per metric ton. For the fifth day since April 5, 2013, the climb has accelerated.
Following a couple days of improvement, the price of US copper producer grade 110 weakened by 0.5 percent. The price of US copper producer grade 122 declined 0.5 percent as well, after two days of improvement. The price of US copper producer grade 102 rounded out the same, with prices falling by 0.5 percent.
Chinese copper closed mixed on Thursday. The price of Chinese copper wire changed direction with a 0.4 percent drop. Following two days of rising prices, the price of Chinese copper bar dropped 0.4 percent. After also improving for two days, the cash price of Chinese copper declined 0.4 percent. The price of Chinese bright copper scrap remained steady.