The Copper Journal Monthly Report - April 2010
The year-to-date average now stands at $3.3429, up $1.66, or 98% over $1.6870 during the first four months of 2009.
Inventories held in Comex and LME warehouses fell 13,127 MT or 2.2% during April to close the month at 591,042 MT. In comparison to last year, however, inventories have risen 148,746 MT, or 34% from 442,296 MT last April.
For more information, visit www.copperjournal.com to download the chart in pdf form.