EMOLTV

Copper breaks recent trends, closing with a strong boost in London

Red metal rose by 4.03%, ending with a price of $ 3.25271 U.S. dollars.

29 de Enero de 2008 | 14:33 | ValorFuturo

To see international photos, click here


LONDON.- Copper closed today with a 4.03% increase at the London Metal Exchange (LME), after trading for $ 3.25271 U.S. dollars per pound of "grade A", compared to $ 3.12661 U.S. dollars on Monday and $ 3.22958 U.S. dollars on Friday of last week.


As a result, the monthly and yearly average climbed to $ 3.19799 U.S. dollars.


The future-3-month price ended at $ 3.25634 U.S. dollars per pound, up 3.89% from Monday ($ 3.13432 U.S. dollars).


At the LME, stocks decreased by 400 metric tons, to 171,275. So far this year, an overall drop of 26,175 MT (-13.26%) has been registered.