US copper slightly up

25 Aug, 2010

US copper futures ended slightly higher on Monday, rebounding from last week's losses, helped by technical support. Copper for September delivery rose 0.05 cents to close at $3.2915 per lb on the COMEX metals division of the New York Mercantile Exchange. Range extended down from $3.3310 to $3.2710. COMEX estimated final copper futures volume at 22,919 lots. Open interest down 1,745 lots at 139,416 contracts as of August 20.

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