NYMEX Copper May Deliveries

Discussion in 'Metal Futures' started by daddyeaux, May 28, 2005.

  1. Help me with this...

    2 days remained for May copper deliveries and the open interest was about as large as the warehouse stocks....

    about a third of the remaining stocks were delivered on the 27th....

    should I be digging in the sofa cushions for old pennies or did I get it wrong.

    why did the NYMEX wait to deliver 6600 tons until the very end of the month.... unless they didn't have it???

    the spot settlement showed $1.61 per pound....

    thanx in advance........