Colosseum a.s. (Colosseum a.s.)
Commodities  |  December 13, 2010 12:12:28

Copper breaks records again



ColosseumReached a new record over the past two trading sessions the most active futures contract price for copper on the Comex division Exchange New York Mercantile Exchange. This data has become ohledněand # 160; copper exports to China, which is the largest consumer of that metal in the world. According to these increased, compared to October, exports of copper from U.S. to China in November by 29% to total 351,597 metric tons. In the period from 1.1. 2010 to 11.30 2010, the total volume of exports, compared with last year by 0.7% at 3.95 million tonnes. In the last 4 months, copper prices strengthened on the Comex exchange by 43%. Friday's trading session concluded the March futures contract increase by 2.5 cents to 411.2 cents per pound weight.During today's trading session continues mentioned futures contract continue to strengthen and create new high, and growth by 5.95 cents to 417.15 cents per pound.

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