EMOLTV

Copper continues to fall, reaching lowest value since January

The red metal finished the day today at US$ 3.10 per pound.

16 de Septiembre de 2008 | 12:30 | ValorFuturo

To see international photos, click here


LONDON.- Copper closed with a 0.55% loss today at the London Metal Exchange (LME) after trading for US$ 3.10303 per pound of "grade A", compared to US$ 3.12026 on Monday of this week and US$ 3.21869 on Friday of last week.


The value is the lowest for the red metal since January 3rd of this year, when ended at US$ 3.06 per pound.


As a result, the monthly average dropped to US$ 3.21083, while the yearly average slipped to US$ 3.64055.


Meanwhile, the future-3-month price finished at US$ 3.08216 per pound, down 0.37% from Monday (US$ 3.09373).


At the LME, stocks rose by 975 metric tons to 205,325. 

EL COMENTARISTA OPINA
¿Cómo puedo ser parte del Comentarista Opina?