Monday, 25 April 2011

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Chinese monetary policy looms over copper

  • Monday, 25 April 2011
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  • SINGAPORE (Commodity Online): Chinese monetary policy concerns limited gains in the red metal copper, pulling its prices down at Shanghai Futures Exchange on Monday. Shanghai copper July futures settled down at 70740 Yuan after falling 1 percent. The Chinese government has been incessantly raising interest rates recently in an effort to curb the inflation in the region that is already



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