Tuesday, 10 May 2011

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Copper shakes off weak China data

  • Tuesday, 10 May 2011
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  • COPPER futures posted mild gains today as downbeat Chinese copper import data curbed demand from investors searching for cheap assets or looking to pare bets on lower prices. The most actively traded contract, for July delivery, settled up US2.55 cents, or 0.6 per cent, at $US4.0420 per pound on the Comex division of the New York Mercantile Exchange. Investors continued to sort through last



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