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Copper makes a 1.45% rebound at the London Exchange

The red metal closed at $ 3.23026 U.S. dollars, lifting the monthly and yearly average to $ 3.20684 U.S. dollars.

17 de Enero de 2008 | 13:17 | ValorFuturo

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LONDON.- Copper closed with a 1.45% increase today at the London Metal Exchange (LME) after trading for $ 3.23026 U.S. dollars per pound of "grade A", compared to $ 3.18422 U.S. dollars on Wednesday and $ 3.27743 U.S. dollars on Tuesday.


As a result, the monthly and yearly average climbed to $ 3.20684 U.S. dollars.


The future-3-month price ended at $3.23207 U.S. dollars per pound, up 1.47% from Wednesday ($ 3.18513 U.S. dollars).


At the LME, stocks decreased by 5,500 metric tons to 185, 550. So far this year, an overall drop of 11, 900 MT (-6.03%) has been accumulated.

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