Saturday, 16 April 2011

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Copper Falls for Fifth Day as Chinese Production Sets Record

  • Saturday, 16 April 2011
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  • Copper fell for a fifth day in New York after Chinese production of the metal climbed to a record amid concern the government will tighten credit, slowing growth and curbing commodity demand. Refined output in China, the world's biggest consumer, rose 24 percent from a year earlier to 470,000 metric tons in March, the statistics bureau said. That's a monthly record, according to Minmetals



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