Chinese copper inventories post record weekly drop
Inventories in Chinese warehouses shrank by 54,858 tons, the most in data going back to 2003.
The copper price rose on Friday on signs of some industrial recovery in China. Copper for delivery in December rose by 1.9% on the Comex market in New York, reaching $3.64 per pound ($8,008 per tonne). [Click here for an interactive...
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