US Copper Producer Grade 122 Price Rises 1.5%

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Metal Prices, Premium

US copper producer grade 110 price saw the biggest upwards shift for the day, rising 1.5 percent to close at $3.95 per pound on Thursday, September 19. The price of US copper producer grade 122 increased 1.5 percent to $3.95 per pound. The price of US copper producer grade 102 gained 1.5 percent to finish at $4.14 per pound. The cash price of primary Japanese copper flattened at JPY 732,000 ($7,455) following two-days of declines.

Chinese copper prices closed flat for the day. Chinese copper bar saw little change in its price on Thursday at CNY 52,850 ($8,635) per metric ton. The Chinese copper cash price saw little movement on Thursday, closing out around CNY 53,050 ($8,668) per metric ton. The price of Chinese copper wire showed little movement yesterday at CNY 51,925 ($8,484) per metric ton. The price of Chinese bright copper scrap remained steady at CNY 42,830 ($6,998) per metric ton.

On the LME, the cash price of primary copper increased 0.5 percent to $7,090 per metric ton. At $7,118, the 3-month price of copper finished the market day on the LME up 0.5 percent per metric ton.

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