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Copper rises 0.59% at London Metal Exchange

The red metal closed at USD$ 3.45910 per pound.

27 de Agosto de 2008 | 12:37 | ValorFuturo

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LONDON.- Copper closed with 0.59% gain today at the London Metal Exchange (LME) after trading for USD$ 3.45910 per pound of "grade A" material, compared to USD$ 3.43868 on Tuesday and USD$ 3.56569 on Friday.


Despite the gain, the monthly average feel to USD$ 3.46585, while the yearly average fell to USD$ 3.67406.


Meanwhile, the future-3-month price ended at USD$ 3.42961 per pound, up 0.68% from Tuesday’s price (USD$ 3.40648).


At the LME, stocks rose by 950 metric tons, to 167,850. 

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