The metal was traded at 1.5533 dollars per pound on Thursday, 1.54811 on Wednesday and 1.52180 on Tuesday at the London Metal Exchange.
Specialists expect the average price to hit 1.52775 dollars this month , and 1.47426 for the whole year.
However, the price of three-month copper futures ended Thursdayat 1.49096 dollars a pound, down 0.21 percent from Wednesday’s 1.49413.
As a result, copper stock at the London Metal Exchange has dropped 350 metric tons to 49,100, the report said. Enditem