Monthly Copper Market Report Feb 2019

In February, Chinese copper prices went up by a large amount supported by the good news about the smooth progress in China-U.Asian Metal CopyrightIn February, Chinese copper prices went up by a large amount supported by the good news about the smooth progress in China-U.Asian Metal CopyrightS.Asian Metal Copyright In addition, LME copper price rose from USD6,123t to USD6,493t and LME copper inventory declined.Asian Metal Copyright trade talks. Copper prices increased from RMB47,780/t (USD7,116/t) in early February to RMB49,970/t (USD7,442/t) at the end of month, aiming for the level of RMB50,000/t (USD7,446/t).Asian Metal Copyright .Asian Metal Copyright However, as the demand has been slowly recovering after the Spring Festival holiday, the market witnessed limited transactions this month, with inventory mounting gradually. In addition, LME copper price rose from USD6,123/t to USD6,493/t and LME copper inventory declined.Asian Metal Copyright trade talks.Asian Metal Copyright In February, the US dollar index movd up before dropping and the Yuan-to-Dollar exchange rate reached up to 6.Asian Metal Copyright6694.Asian Metal Copyright6694.

.Asian Metal Copyright6694Asian Metal Copyright