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Shanghai copper nets cautious gain on import data

March 10, 2010 - 07:44 GMT Location: Shanghai

KEYWORDS: SHFE , copper , aluminium zinc

Copper traded on the Shanghai Futures Exchange (SHFE) went up on Wednesday after February copper imports reflected improved demand.

June copper ended at 60,620 yuan ($8,866) per tonne, up 0.6% or 350 yuan from Tuesday, with gains tempered by investor caution as trading for all copper contracts fell 11% to 286,232 lots. "The increased February [imports] data supported today’s prices...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.

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