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The Copper Journal Weekly Report – October 23, 2009

October 27, 2009

ARTICLE TOOLS
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Brought to you by The Copper Journal - Metal Management Services.
The Copper Journal, a monthly publication, is a compendium of key fundamental, economic and financial indicators of the global metals markets.


Closing values and year-to-date changes are:
                                    Prices                                                   Inventories MT
            12/31/08        10/23/09        Change        %                   12/31/08            10/23/2009            Change      %

$US / Euro  0.7159     0.6668         -0.0491     -6.9%
Cx Silver     $11.27     $17.71         $6.44         57.1%
Cx Gold     $883.60     $1,055.60         $172.00     19.5%
Cx Copper     $1.3950     $3.0240         $1.6290     116.8%                 31,075             52,956         21,881         70.4%
LME Copper     $1.3930     $3.0119         $1.6189     116.2%             339,775             367,075         27,300     8.0%
Shanghai Copper                                                                             17,822                 95,976      78,154         438.5%
Total Copper                                                                                 388,672             516,007         127,335     32.8%
LME Aluminum     $0.6600     $0.8836         $0.2236     33.9%             2,328,900         4,580,225         2,251,325     96.7%
LME Lead     $0.4305         $1.0909         $0.6604     153.4%                 45,150             130,400         85,250     188.8%
LME Tin         $4.6970     $6.9627         $2.2657        48.2%                     7,790             26,420         18,630     239.2%
LME Nickel     $4.9033     $8.8428         $3.9395     80.3%                     78,390             123,492         45,102     57.5%
LME Zinc     $0.5080     $1.0292         $0.5212     102.6%                     253,500             427,225         173,725     68.5%


Click on the link below to find The Copper Journal’s weekly chart update through Oct. 23, 2009.

Note: The green line on the chart is the 200 day moving average. The red lines are points of support and resistance. If one market is closed while the other is open, the prior day settlement will be used for the market that is closed in order to maintain consistency in the price charts.


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