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MARKET TALK: Copper Mkt Eyes Downside After Further Dip

Thursday, Jan 04, 2007
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Copper market participants are waiting to see how much lower prices fall in London Metal Exchange trade with Shanghai limit down in overnight trade, says a broker. A 5% decline on the day Wednesday is being extended Thursday, with prices down 3% in early trade. LME copper trades last at $5,700 a metric ton, down from $5,870/ton overnight.

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