LME Copper Prices Rise, as Chinese Wire Falls 0.4%

With a decline of 0.4 percent on Thursday, February 27, Chinese copper wire recorded the biggest price drift of the day.

Chinese copper bar prices saw a 0.4 percent decline as well. The cash price of Chinese copper weakened by 0.4 percent. The price of Chinese bright copper scrap saw essentially no change for the fifth day in a row.

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The Japanese copper cash price fell 0.4 percent. The prices of US copper producer grades 102 and 122 remained essentially flat.

On the LME, the cash price of primary copper rose 0.3 percent to $7,149 per metric ton. Also on the LME, the 3-month price of copper rose 0.2 percent to $7,076 per metric ton.

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