CLOSE TO CLOSE: Copper prices inch higher at end of month in LME kerb

Copper prices finished the day marginally higher in kerb trading on the London Metal Exchange on Tuesday July 31 as buying activity at the end of the month provided a degree of support.

Three-month copper finished the physical trading day at $7,560 per tonne, up from $7,545 per tonne a day earlier as strategic buying helped to offset currency concerns after the euro lifted back above $1.23 in the afternoon.

“It’s the end of the month but it’s not a particularly important month so the direction is...


Mark Burton

July 31, 2012

17:43 GMT