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MARKET TALK: China Import Data Unlikely To Impact LME Copper

Thursday, Mar 22, 2007
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LME copper unlikely to be impacted by China's bullish February copper import data, as figures very similar to preliminary data released earlier in March, says broker at major Chinese trading house. "It's already been factored into market prices. I don't think this will have any impact on prices now." LME 3-month copper easing slightly from early Asia trade, last at $6,660/ton, +$58 on London PM kerb.

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