Sunday, June 24, 2007

Copper Little Changed in Asian Trade as Strike at Codelco Mine Averted

(Bloomberg) -- Copper prices were little changed in
Asia as a strike was averted at Codelco, the world's largest
producer, averting the threat of protests by the workers at a
time when global stockpiles are falling.

Stockpiles monitored by the London Metal Exchange, the
world's biggest metals market, fell 1.5 percent and Shanghai
inventories slumped 3.8 percent, the exchanges said June 22.


Read more at Bloomberg Commodities News

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