Wednesday, June 20, 2007

Copper Is Little Changed in New York Amid Possible Strikes in Chile, Peru

(Bloomberg) -- Copper futures were little changed
in New York as planned strikes in Chile and Peru threatened to
disrupt supplies.

Contract workers at Chile's Codelco, the world's largest
copper producer, may strike tomorrow to seek higher pay, and
three unions at Southern Copper Corp.'s Peruvian operations plan
to walk out June 23. Demand for copper exceeded production by
176,000 metric tons in the first four months of the year, the
World Bureau of Metals Statistics said today.


Read more at Bloomberg Commodities News

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