(Bloomberg) -- Copper futures rose in New York,
erasing earlier losses, on concern striking workers will increase
protests in Chile, the world's largest source of the metal.
Contract workers at Chile's state-owned Codelco, the world's
largest copper producer, said yesterday that protests will worsen
unless the company negotiates. The price of copper gained
2 percent last week as labor unrest that began June 25 cut
Codelco output.
Read more at Bloomberg Commodities News
erasing earlier losses, on concern striking workers will increase
protests in Chile, the world's largest source of the metal.
Contract workers at Chile's state-owned Codelco, the world's
largest copper producer, said yesterday that protests will worsen
unless the company negotiates. The price of copper gained
2 percent last week as labor unrest that began June 25 cut
Codelco output.
Read more at Bloomberg Commodities News
No comments:
Post a Comment