News

Copper price up.

Issued at 2011-06-03



LME copper rose on Friday as basemetals rebounded from overnight losses after investors regained some confidence from a steady showing by U.S. stocks ahead of closely watched U.S. non-farm payroll data later in the day. PRICES * Three-month copper on the London Metal Exchange was trading at $9,135 a tonne at 08:46 SA time compared with $8,920 at the close on Thursday. * Aluminium was at $2,650 a tonne from $2,616. DATA/EVENTS * U.S.