(Bloomberg) -- Copper fell from a two-week high in New
York after inventories monitored by the London Metal Exchange
jumped the most in almost eight months.
Stockpiles rose 5,400 metric tons, or 4.7 percent, to 119,600
tons, the biggest gain since Oct. 25. Inventories climbed from the
lowest since October and were up for the first time in a month. The
price of copper had gained 20 percent this year, partly because of
the slump in supplies.
Read more at Bloomberg Commodities News
York after inventories monitored by the London Metal Exchange
jumped the most in almost eight months.
Stockpiles rose 5,400 metric tons, or 4.7 percent, to 119,600
tons, the biggest gain since Oct. 25. Inventories climbed from the
lowest since October and were up for the first time in a month. The
price of copper had gained 20 percent this year, partly because of
the slump in supplies.
Read more at Bloomberg Commodities News
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