Monthly Copper Market Report Oct 2017
2017-11-14 17:57:19 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
Please contact us for a subscription.
Please contact us for a subscription.
In October, the US dollar index stopped dropping and went up to as high as 95
. LME copper stocks began to decline while SHFE copper stocks edged up . Both international and domestic copper prices dropped after touching new high. With downstream demand weakening in Chinese market, copper prices stopped at RMB56,000/t (USD8,435/t). In late October, LME copper prices closed USD6,830/t while copper prices in Chinese market closed at RMB53,700/t (USD8,089/t).