Shanghai copper rises

07 Jul, 2011

The most-active September copper contract on the Shanghai Futures Exchange rose 0.6 percent to close at 70,770 yuan per tonne on Wednesday. Prices were being supported by supply disruptions in Chile and Indonesia. An unusually severe winter storm has hit operations at Collahuasi, the world's No. 3 copper mine, with more heavy snow, wind and rain expected in Chile's copper-rich north.

Read Comments