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Copper bounces back by 3.45% at London Exchange

The red metal closed today at US$ 1.48 per pound.

09 de Enero de 2009 | 15:31 | ValorFuturo

LONDON.- Copper closed with a 3.45% gain today at the London Metal Exchange after trading for US$ 1.48778 per pound, compared to US$ 1.43812 on Thursday and US$ 1.53791 on Wednesday of this week.


As a result, the monthly and yearly averages rose to US$ 1.46250.


Meanwhile, the future 3-month price quote ended at US$ 1.51046 per pound, up 3.74% from Thursday (US$ 1.45603).


At the LME, stocks increased by 5,875 metric tons to 363,575. So far this year, there has been an accumulated increase of 23,800 MT (+7.00%).

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