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30 mars 2011 3 30 /03 /mars /2011 06:08

"There`s really no cap on how high it can go, so long as demand stays in check. Right now Red Valentine Bracelet data stream that continues to come out is positive, the recovery appears to be showing some resiliency," one futures trader said. "The Fed has said that they`re going to leave the door open to further asset purchases. Everything right now looks positive." Copper prices for the most actively traded Comex contract have averaged around $4.05 per pound so far in December, some 5.3 percent higher than November`s monthly average of Black And Orange Friendship Bracelet per pound and 26.3 percent higher than last year`s December average of $3.2089 per pound. Comex copper stocks also continue to drop and have lost 7.4 percent this month to stand at Black & Pink Friendship Bracelet short tons as of Dec. 14 compared with 71,216 tons at the beginning of the month. Stocks are down 33.7 percent so far this year. Elevated Raindance Bracelet volatile Comex prices have made transacting business difficult for domestic scrap buyers, who price supply contracts based on discounts to the exchange.

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