Copying and distributing are prohibited without permission of the publisher
Copper prices up in LME officials, bucking base metals trend
June 15, 2012 - 16:10 GMT
London Metal Exchange copper climbed on Friday June 15 on expectations of tightness.
After opening the session at $7,438.5, the three-month
official copper contract settled at $7,515/7515.5 per tonne, as
speculation grew that policy makers around the globe would
increase stimulus measures. A statement by Xstrata's head of
copper forecasting the red metal to remain tight and demand
from China to remain strong also served to support the market
today, analyst Fairfax noted. Three-month copper reached a high
of $7,522, after...
All material subject to strictly enforced copyright laws. ©
Euromoney Institutional Investor PLC.
Please log in using your online subscriber details.
Your username will be your registered email address with Metal Bulletin.
If you aren't a subscriber yet, feel free to take a seven day free trial, or subscribe using the instructions below.
A standard subscription include one year's worth of news and prices. You can also upgrade to the full archive and benefit from more than 15 years of intelligence. Start your subscription today.
Taking a free trial will give you open access to Metal Bulletin online news, prices, archived content and email alert service for the next seven days. Start your free trial today.