Sunday, 22 May 2011

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BASE METALS: Comex Copper Edges Higher On Inventory Declines

  • Sunday, 22 May 2011
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  • NEW YORK (Dow Jones)--Copper futures rose Friday as traders viewed recent declines and falling global stockpiles as an excuse to buy. The most actively traded contract, for July delivery, recently traded 1.05 cent, or 0.3%, higher, at $4.0630 a pound on the Comex division of the New York Mercantile Exchange. Thinly traded May copper recently traded 1.1% higher, at $4.0925 a pound. Since



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