Business: Free Copper

For the first time in almost two years, free trading in copper was resumed this week on the Commodity Exchange in New York. It was a great relief to copper users, who hope that a free market will end the confusion in prices. Though the Government lifted price ceilings on domestic copper last March, it is keeping allocations on the metal until July 1. This has kept many onetime copper users out of the market and, incidentally, has resulted in a rise in the use of aluminum. Therefore, the Commodity Exchange was not ready to trade in copper futures until this...

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