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MYMETAL: China’s copper price slips, sales pick up

ABSTRACT

Copper prices in China’s physical market slipped during the June 8-15 period, according to the weekly report from Mymetal, Mysteel’s nonferrous metals market research arm. But the dip in prices did help sales rise a little, the report showed.
Under Mymetal’s assessment, the spot price of 99.99% grade copper cathode eased by Yuan 1,347/tonne ($210/t) on week to Yuan 70,039/t including the 13% VAT as of June 15, or a 1.5 month low. As of the same day in London, the three-month buyer price of copper on the London

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