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MYMETAL: China copper prices ease, sales grow

ABSTRACT

Copper prices in China’s physical market decreased over June 25-July 2, according to the weekly report from Mymetal, Mysteel’s nonferrous metals market research arm. The retreat in copper prices gave a boost to sales, the survey showed.
As of July 2, the spot price of 99.99% grade copper cathode declined by Yuan 843/tonne ($130/t) on week to Yuan 68,324/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

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