Comex copper prices climbed 1.6% during trading on Wednesday June 6, with prices pushed higher by fears of supply outages resulting from possible industrial action at the Escondida mine in Chile.
Copper for July settlement on the Comex division of the New York Mercantile Exchange rose 5 cents or $3.25 per lb.The red metal hit a high of $3.26 per lb earlier today, which was the highest since earlier this year in February. "Copper is very...