Cash Price of Japanese Copper Increases Significantly

by on

The Japanese copper cash price saw the biggest upwards shift for the day, rising 3.0 percent on Wednesday, September 4.

* Get the complete prices every day on the MetalMiner IndX℠

The price of US copper producer grade 110 rose 1.8 percent. The price of US copper producer grade 122 inched up 1.8 percent. The price of US copper producer grade 102 rose 1.7 percent.

Chinese copper prices were mixed for the day. Chinese copper bar prices saw a 0.4 percent decline. The cash price of Chinese copper fell 0.4 percent. The price of Chinese copper wire declined 0.3 percent, after two days of improvement. Following a two-day rise, the price of Chinese bright copper scrap flattened.

On the LME, the copper 3-month price gained 0.3 percent to finish at $7,215 per metric ton. Also on the LME, the primary copper cash price increased 0.1 percent to $7,183 per metric ton.

FREE Download: The Monthly MMI® Report – covering the Copper market.