Wednesday, 27 June 2007

Shanghai copper limit down, growth, charts weigh

(Reuters) - Shanghai copper tumbled by its 4 percent daily limit on Wednesday, following losses in London in the wake of weak U.S. economic data and downbeat chart readings.

The most-active September copper contract on the Shanghai Futures Exchange dropped by 2,520 yuan or 4 percent from Tuesday's settlement price, to 60,420 yuan at 0600 GMT. At the close, copper was at 60,440 yuan.


Read more at Reuters Africa

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