Copper prices lead market higher in LME officials

Apr 27, 2012 | 08:35 AM |

Copper prices continued to lead base metals higher during official trading on the London Metal Exchange on Friday April 27. Three-month prices for the red metal settled at $8,322.50/23 per tonne, compared with $8,302.25 at the open. The contract hit an intraday high of $8,395 per tonne. “Providing support to the market is the elevated level of cancelled warrants on the LME, particularly for copper, aluminium and lead,” an analyst said....

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