Friday, 15 April 2011
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Copper Pares Gains, Heads for Weekly Loss, on China Supply, Demand Outlook
Copper in London pared an advance in Asian trading, heading for a weekly loss, on concern record production in China bolstered supplies and further government curbs on lending may dim the outlook for domestic metal demand. Three-month-delivery copper on the London Metal Exchange gained 0.3 percent to $9,444.50 a metric ton at 1:14 p.m. Singapore time, trimming an earlier gain of as much as 1.1
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