Copper dips to under $3 US dollars per pound

The metal was quoted at $2.96445 US dollars at the London Metal Exchange after a fall of 1.21%. Including this value, the yearly average fell to $3.25799 US dollars.

21 de Noviembre de 2007 | 14:11 | ValorFuturo

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LONDON.- Copper suffered a new slump today at the London Metal Exchange (LME). Red metal fell 1.21% and ended at a value of $2.96445 per pound of 'grade A', compared to $3.00074 US dollars on Tuesday and $3.12208 US dollars on Monday. As a result, the monthly average fell to $3.21937 US dollars and the yearly average to $3.02319 US dollars.

The future 3-month price ended at $2.98282 US dollars per pound, down 1.34% from Tuesday ($3.02319 US dollars).

At the LME, stocks increased by 1,425 metric tons to 182,700.

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