The most-active September copper contract rose US15.3c, or nearly 4 per cent, to settle at $US4.0635 after peaking at $US4.08 a pound.
Fund buying and speculative purchases sent copper futures surging back above $US4 a pound toward the end of the pit session, with short covering and the addition of new long positions boosting the metal to its highest point in nearly two months.
In Nymex energy trading..........
MRX Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
