Copper plunges 3.56% at London Metal Exchange

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LONDON.- Copper closed with a 3.56% dive today at the London Metal Exchange (LME) after trading for USD $ 3.43868 per pound of "grade A" material, compared to USD $ 3.56569 on Friday and USD $ 3.55707 registered on Thursday of last week.

The London market registered no change on Monday of this week.

As a result, the monthly average fell to $ 3.46625 US dollars, while the yearly average dropped to $ 3.67536 US dollars.

Meanwhile, the future-3-month price ended at USD $ 3.40648 per pound, down -3.25% from Friday (USD $ 3.52078).

At the LME, stocks rose by 3,100 metric tons, reaching 166,900.