Chinese copper closed mixed on Tuesday. Chinese copper bar saw its price rise 0.1 percent to CNY 53,050 ($8,765) per metric ton. The cash price of Chinese copper rose 0.1 percent to CNY 53,250 ($8,798) per metric ton. Chinese copper wire saw little change in its price yesterday at CNY 52,090 ($8,607) per metric ton. At CNY 43,010 ($7,106) per metric ton, the price of Chinese bright copper scrap was essentially unchanged.
On the LME, the copper 3-month price declined 0.4 percent to $7,290 per metric ton. The cash price of primary copper weakened by 0.3 percent on the LME, settling at $7,313 per metric ton.