Monday, 30 May 2011
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BASE METALS: Shanghai Metals Mostly Up; Weak Physical Buying Caps Copper
SHANGHAI (Dow Jones)--Base metals on the Shanghai Futures Exchange were mostly higher Monday, with copper rising for a fourth consecutive session in response to gains in global metal markets Friday. Benchmark SHFE August copper settled 0.3% higher at CNY68,320 a metric ton, after hitting a more-than-three-week high of CNY68,730/ton at the opening. The red metal benefited from across-the-board
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