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Profit-taking leads Cu lower in LME pre-market

July 30, 2010 - 10:23 GMT Location: London

KEYWORDS: LME , copper , aluminium , lead

Copper prices eased in early trading on the London Metal Exchange on Friday as a bout of profit-taking knocked the red metal from the three-month highs reached on Thursday

Three-month copper opened at $7,240 per tonne and slipped to an intraday low of $7,168 per tonne by 08:31 BST. This compares with $7,232/34 per tonne in the official session on Thursday. The dip in prices followed an early correction in Asian trading. Prices could move higher over the...

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