(Bloomberg) -- Copper rose in New York as labor
unrest in Chile, the world's biggest producer of the metal, and
falling global inventories stoked supply concerns.
Chile's state-owned Codelco, the world's largest copper
company, said the Andina mine in the central part of the country
was shut for a fourth day after protests by contract workers.
Inventories monitored by the London Metal Exchange have fallen
46 percent in 2007 to the lowest in almost a year. Futures have
climbed in 10 of the past 11 sessions.
Read more at Bloomberg Commodities News
unrest in Chile, the world's biggest producer of the metal, and
falling global inventories stoked supply concerns.
Chile's state-owned Codelco, the world's largest copper
company, said the Andina mine in the central part of the country
was shut for a fourth day after protests by contract workers.
Inventories monitored by the London Metal Exchange have fallen
46 percent in 2007 to the lowest in almost a year. Futures have
climbed in 10 of the past 11 sessions.
Read more at Bloomberg Commodities News
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