Chinese Copper Bar Up

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Chinese copper bar moved up 0.5 percent on Thursday, December 26, the day’s biggest change. The cash price of Chinese copper rose 0.5 percent. The price of Chinese copper wire flattened after two days of improvement. Chinese bright copper scrap stayed flat.

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The cash price of primary Japanese copper finished the market day up 0.4 percent per metric ton. The price of US copper producer grade 122 held steady on Thursday. The price of US copper producer grade 102 saw little movement on Thursday. The price of US copper producer grade 110 showed little movement on Thursday.

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On the LME, the copper 3-month price saw little movement yesterday at $7,271 per metric ton. Also on the LME, the primary copper cash price showed little movement on Thursday, hovering around $7,278 per metric ton.