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Prices in world market of copper fluctuate

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17:27 28.11.2008
text: "Kazakhstan Today"
views: [175]

Almaty. November 28. Kazakhstan Today - Monthly average price of cash metal at the London stock exchange of metals as of November at the last quotation tenders has decreased. Warehouse stocks of copper for the last month have increased.

The price of December future copper contracts on COMEX has risen. The price of December copper contracts at the Shanghai future stock exchange and the price of copper in the spot market in Shanghai have increased.

According to Reuters, for the last months the prices for metals have reached their historical minimum. Sooner or later, the prices will grow, the analysts consider.

According to the World Analytical Bureau, the number of companies that decrease production of metals has increased due to reduction of prices that may lead to the new stock exchange boom.

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