Wednesday, July 18, 2007

Copper Rises in Shanghai Trading Amid Chile Output Concern; Zinc Advances

(Bloomberg) -- Copper prices rose for a second day
in Shanghai amid concern lower output from Chile, the world's
largest producer of the metal, will further reduce global supply
as stockpiles fall.

Codelco, the world's biggest copper-mining company, said
protests by contract workers demanding higher pay reduced its
production in Chile. Stockpiles monitored by the London Metal
Exchange fell 775 metric tons to 98,625 tons yesterday.


Read more at Bloomberg Commodities News

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