Friday, 22 April 2011
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Copper futures extend rally after jump on London Metals Exchange
Copper prices on the Shanghai Futures Exchange (SHFE) extended their rally Thursday, following a jump on the influential London Metals Exchange (LME) Wednesday. The most active copper contract, for July delivery, settled about 1 percent higher at 71,390 yuan ($10,951) per ton at the close of trading. The contract opened down 0.1 percent from Wednesday's settlement price, only to continue to push
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