Will see what Oxiana bring tommorrow. Stocks in US drop tonight.
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Copper soared to a record in New York, topping $4.26 a pound, as contract workers in Chile, the world's largest producer of the metal, extended a strike, hence disrupting supplies.
However, in inflation-adjusted terms, apparently the copper price hasn't yet reached a record. In real terms, the metal is trading close to levels last seen a century ago, when the U.S. economy was expanding and the nation was being wired for electricity.
Price may still going up, partly because Chile, the world's biggest copper producer, faces the risk of energy rationing after the worst drought in 50 years.
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