Japanese Copper Cash Price Improves Slightly, LME's Primary Copper Gains

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On Monday, November 25, the day’s biggest mover was the cash price of Japanese copper, which saw a 1.2 percent increase. The price of US copper producer grade 110 inched up 0.8 percent. The price of US copper producer grade 122 rose 0.8 percent. The price of US copper producer grade 102 increased 0.7 percent.

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Chinese copper prices were mixed for the day. Chinese copper bar prices inched up 0.2 percent. After a 0.2 percent increase, the cash price of Chinese copper finished the day. Chinese copper wire prices rose 0.2 percent. The price of Chinese bright copper scrap was unchanged.

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On the LME, the primary copper cash price gained 1.1 percent to finish at $7,065 per metric ton. At $7,065, the 3-month price of copper finished the market day on the LME up 1.0 percent per metric ton.