LME ASIAN WRAP: Copper holds around $7,400 as China stocks rally

Dec 28, 2011 | 09:42 PM |

London Metal Exchange copper traded around $7,400 in early Asian trading on Thursday, as rebounding China equities underpinned metal prices. Three-month copper was trading at $7,418 per tonne at 03:43 GMT, up $20 from its opening price. The red metal opened lower as global stock markets fell overnight due to lingering concerns over eurozone outlook. The contract reached a low....

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