Japanese Copper Cash Price Improves

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With a 0.9 percent increase over the past day, the Japanese copper cash price was the biggest mover on Wednesday, February 19. The price of US copper producer grade 110 improved by 0.5 percent. The price of US copper producer grade 122 rose by 0.5 percent. The price of US copper producer grade 102 increased 0.5 percent.

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Chinese copper prices closed flat for the day. The price of Chinese copper bar was essentially unchanged. The Chinese copper cash price held steady around. Chinese copper wire stayed flat. The price of Chinese bright copper scrap held steady.

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On the LME, the 3-month price of copper saw little change in its price yesterday at $7,170 per metric ton. The cash price of primary copper remained essentially flat on the LME at $7,205 per metric ton.