21. Stockpiles generally rise this time of year as the vacation driving season gets under way. 22. Stockpiles had risen steadily in the past week, ending nine weeks of declines. 23. Stockpiles are rising amid growth in the construction industry, which consumers about a third of all copper worldwide in the form of pipe and wire. 24. Stockpiles will rise further as more beans from the recent harvests in Latin America reach the U.S., traders said. 25. Stockpiles generally rise this time of year as the vacation driving season gets underway. 26. Stockpiles had risen during a recent wave of new issues. 27. Stockpiles have risen in part because metal originally destined for Asia is being rerouted because of a lack of demand there. 28. Stockpiles normally rise this time of year. 29. The gap grew even as stockpiles were rising, prompting concern that some traders were hoarding metal in an attempt to drive prices higher. 30. The drop helped ease recent concern that slowing auto sales and a weak construction market were allowing copper demand to slip below production, causing stockpiles to rise. |