11. Copper stockpiles held at London Metal Exchange warehouses fell yesterday, contributing to higher prices. 12. Copper stockpiles usually rise during summer as factories close for maintenance and vacations, reducing demand. 13. Demand for copper from wire and tube manufacturers in the construction and auto-making industries has eroded copper stockpiles, traders said. 14. Demand from the industry contributed to a decline in copper stockpiles. 15. Expectations of stronger manufacturing demand, coupled with a strike looming, come as copper stockpiles have swelled in the last two weeks. 16. For now, copper stockpiles held in exchange warehouses are declining, although at a slower-than-expected rate, after the usual summer lull in demand. 17. Growing demand in the Far East also has contributed to the erosion of copper stockpiles, traders said. 18. In NEW YORK, copper rose for a second day after a further decline in copper stockpiles signaled that construction and manufacturing demand remains strong. 19. It was the seventh straight drop in LME copper stockpiles. 20. London Metal Exchange copper stockpiles posted a bigger-than-expected gain Tuesday through Thursday, the seventh increase after nine consecutive declines. |