Copper slips 1.84% at the London Exchange

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LONDON.- Copper closed today with a 1.84% dip at the London Metal Exchange (LME) after trading for $ 3.27743 U.S. dollars per pound of "grade A", compared to $ 3.33889 U.S. dollars on Monday (its highest value in two months) and $ 3.26405 U.S. dollars on Friday.

Nevertheless, the monthly and yearly averages climbed to $ 3.20676 U.S. dollars.

The future-3-month price ended at $3.28900 per pound, down 1.89% from Monday ($ 3.35228 U.S. dollars).

At the LME, stocks decreased by 4,500 metric tons, to 194, 000. So far this year, an overall drop of 3,350 MT (-1.70%) has been accumulated.