(Bloomberg) -- Copper prices rose in Shanghai as
possible strikes at mines in Chile, the world's largest source
of the metal, and Mexico may disrupt supply at a time when
global stockpiles are declining.
Mining workers have increased salary demands after copper
prices jumped 16 percent this year, boosting profit for
companies including Chile's Codelco, the world's largest copper
producer. Contract workers at Codelco are preparing for a strike
next week, a labor spokesman in Santiago said yesterday.
Read more at Bloomberg Commodities News
possible strikes at mines in Chile, the world's largest source
of the metal, and Mexico may disrupt supply at a time when
global stockpiles are declining.
Mining workers have increased salary demands after copper
prices jumped 16 percent this year, boosting profit for
companies including Chile's Codelco, the world's largest copper
producer. Contract workers at Codelco are preparing for a strike
next week, a labor spokesman in Santiago said yesterday.
Read more at Bloomberg Commodities News
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