LIVE FUTURES REPORT 05/10: Comex copper surges after Chilean earthquake

摘要

Comex copper prices surged to a three-week high Thursday October 5morning in the US, after a Chilean earthquake spurred a major roundof buying.Copper for December settlement on the Comex division of the NewYork Mercantile Exchange jumped 6.70 cents or 2.3% to $3.0260 perlb. Earlier today, the contract hit $3.0295, its highest since September13.Base metals have experienced little price fluctuation throughoutthe week with Chinese market participants sidelined due to anextended holiday session.