Friday, 11 May 2007

Shanghai copper limit down; stocks, LME weigh

(Reuters) - Shanghai copper prices dropped by their 4-percent daily limit on Friday after a fall in London futures and as the threat of a substantial rise in Chinese copper stocks weighed on sentiment.

Shanghai July copper was at 69,420 yuan a tonne at the close, down 4 percent or 2,900 yuan from Thursday's settlement price.


Read more at Reuters Africa

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