Copper closes with significant losses

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LONDON.- Copper closed today with a 2.15% drop at the London Metal Exchange (LME) after trading for $ 3.13432 U.S. dollars per pound of "grade A", compared to $ 3.20327 U.S. dollars on Friday and $ 3.23026 U.S. dollars on Thursday.

As a result, the monthly and yearly average fell to $ 3.20141 U.S. dollars.

The future-3-month price ended at $ 3.12752 U.S. dollars per pound, down -2.27% from Friday ($ 3.20010 U.S. dollars).

At the LME, stocks decreased by 2,325 metric tons, to 180,900. So far this year, an overall drop of 16, 550 MT (-8.38%) has been accumulated.