Daily Copper Roundup: Japan Cash, China Bar Prices Fall; LME Rises

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With a decline of 1.5 percent on Thursday, September 26, the Japanese copper cash price recorded the biggest decline of the day.

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The price of US copper producer grade 110 is back up, rising by 0.5 percent on Thursday. Following a two-day drop, the price of US copper producer grade 122 increased by 0.5 percent. After falling for two days, the price of US copper producer grade 102 rose 0.5 percent.

Chinese copper prices were mixed for the day. Chinese copper bar fell 0.2 percent on Thursday. The cash price of Chinese copper also fell 0.2 percent. Chinese copper wire saw little change in its price on Thursday. The price of Chinese bright copper scrap saw essentially no change for the fifth day in a row.

Following a 0.2 percent rise on Thursday, the copper 3-month price closed on the LME at $7,188 per metric ton. The primary copper cash price rose 0.2 percent on the LME to $7,155 per metric ton after a two-day drop.

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