Copper closes with a new slump, but remains above $3 U.S. dollars

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LONDON- Copper closed today with a fall of 1.12% at the London Metal Exchange (LME) after trading for $ 3.00959 U.S. dollars per pound of  'grade A', compared to $ 3.04361 U.S. dollars on Monday and $ 3.08987 U.S. dollars on Friday.

Today's price has brought the monthly average down to $3.02128 U.S. dollars and the yearly average to $3.24457 U.S. dollars.

The future-3-month price ended at $ 3.02128 U.S. dollars per pound, down 2.11% from Monday ($3.09804 U.S. dollars).

At the LME, stocked increased by 2,725 metric tons, to 191,200.  So far this year, an overall increase of 8,400 MT (+4.60%) has been accumulated.