Base metals tick up in LME officials

Apr 25, 2012 | 08:33 AM |

Copper prices continued their upward trajectory during official trading on the London Metal Exchange on Wednesday April 25, as hefty backwardations and short covering continue. The red metal settled at a three-month price of $8,200/05 per tonne, with a $95 April-July backwardation on the high for the day. Stocks have been falling continuously in recent weeks and....

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