Fund buying, stock drawdowns lift base metals
Nov 24, 2004 | 10:26 AM
London Metal Exchange base metals prices rose in the official trading session Wednesday on further stock drawdowns and fund buying ahead of the Thanksgiving holiday.Copper strengthened its position, stabilizing at $3,110 a tonne, basis three months, after closing Tuesday's second ring at $3,083. LME copper stocks fell 300 tonnes to 62,050 tonnes.....
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