(Bloomberg) -- Copper futures rose to the highest in almost a week in New York as stockpiles declined and concerns mounted over potential supply disruptions from Peru, the world's second-biggest producer of the metal behind Chile.
Workers at Southern Copper Corp.'s Ilo smelter in southern Peru rejected a wage offer from the company on April 20 and said they may begin a strike before the end of the month. Southern Copper is the world's fifth-biggest producer of the metal. Copper stockpiles shrank for a third session in a row.
Read more at Bloomberg Commodities News
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