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Good morning from Metal Bulletin’s office in Shanghai, bringing the latest news and pricing stories on Monday December 11.
Copper prices on the Shanghai Futures Exchange edged higher during Asian morning trading on Monday December 11, buoyed by the release of positive economic data from China as well as news of production cuts at the country’s second-largest copper smelter.
Base metals prices on the London Metal Exchange are for the most part stronger this morning, Friday December 8, although tin prices are bucking the trend with a 0.2% decline. The rest are up by an average of 0.6%, ranged between gains of 0.8% for lead and zinc prices and 0.4% for aluminium and nickel prices, while copper prices are up by 0.7% at $6,606 per tonne.
Good morning from Metal Bulletin’s office in Shanghai as we bring you the latest news and pricing stories on Friday December 8.
Tracking price movements seen on the London Metal Exchange, copper prices on the Shanghai Futures Exchange recovered some lost ground during Asian morning trading on Friday December 8, with renewed supply-side concerns providing support.
Initial trades on the CME’s copper cif Shanghai futures contract suggest physical premiums for grade A cathodes will be at $65-68 per tonne for the first quarter of 2018.
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