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Copper closes with a rebound at the London Metal Exchange

The red metal closed with a 0.77% gain, after trading for $2.97148 per pound of 'grade A'.

05 de Diciembre de 2007 | 14:15 | ValorFuturo

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SANTIAGO.- Copper closed today with 0.77% gain at the London Metal Exchange (LME), after trading for $2.97148 U.S. dollars per pound of 'grade A', compared to $2.94880 U.S. dollars on Tuesday and $3.08738 U.S. dollars on Monday.


As a result, the monthly average shifted to $3.00255 U.S. dollars, and the yearly average to $3.24811 U.S. dollars.


The future-3-month price ended at $3.00051 U.S. dollars per pound, up 0.23% from Tuesday ($2.99371 U.S. dollars).


At the LME, stocks increased by 600 metric tons, to 188,775. So far this year, an overall increase of 5,975 MT (+3,27%) has been accumulated.

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