Copper futures finished higher on Thursday on account of surging concerns over shortage of supply due to disruptions at major mines in Indonesia, Chile and Congo. Copper prices improved further on rise in demand from top metals consumer China, weaker dollar and declining inventories. Total copper stocks in the LME warehousing system are at 139,475 tons, the lowest since late July.
Copper futures for December delivery gained $0.0285 to settle at $5.1230 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 1.86 percent at $10,867.50 a ton.
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