Friday, 15 June 2007

Metals slip after copper stock rise

(Reuters) - Industrial metals slipped in early London Metal Exchange business on Friday after a threatened mine strike in Mexico was called off and stocks of unused copper in Shanghai rose.

Copper for delivery in three months, often seen as a benchmark for the metals market and a gauge of economic growth in general, was down $75 at $7,390 per tonne at the end of the official open outcry session after earlier falling to $7,335.


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