UTC+8 ( BJT)

MYMETAL: China’s copper prices ease, sales improve

ABSTRACT

Copper prices in China’s physical market declined during the June 17-23 period, according to the weekly report from Mymetal, Mysteel’s nonferrous metals market research arm. The continuous fall in copper prices has helped sales to improve, the survey showed.
As of June 23, the spot price of 99.99% grade copper cathode declined by Yuan 920/tonne ($142/t) on week to Yuan 68,302/t including the 13% VAT, according to Mymetal’s assessment. As of the same day in London, the three-month buyer price of copper on the London Metal Exchange had also

............

To read the full article take a free 7-day trial to Mysteel Global

FREE TRIAL
+65 6653 8227