Monday, 11 April 2011
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Copper Declines as China May Raise Interest Rates, Curbing Metal Demand
Copper fell in New York for the first time in five sessions on concern that China might raiseinterest rates further to fight inflation, potentially curbing metal demand. Figures for Chinese imports and exports in March released yesterday beat estimates from analysts surveyed by Bloomberg News. The country's central bank has increased borrowing costs four times since early October. "Chinese data
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