The price of copper closed at US$3.262/lb cash on the London Metal Exchange Friday, up 6.3% week-on-week, while global stocks rose 0.9% to 766,712t, enough for 2.2 weeks of world consumption.

See http://www.bnamericas.com/news/metals/Copper_price_up_6,3*_week-on-week_despite_higher_stocks/175372189.