Shanghai copper prices rangebound on inflation rise

Apr 09, 2012 | 03:47 AM |

Shanghai Futures Exchange copper prices edged up on Monday April 9 as an increase in China's inflation provoked market caution. SHFE July copper settled at 60,110 yuan ($9,489) per tonne, up 40 yuan from Friday. Trading volume of the contract increased 109,232 lots to 328,158 lots. China’s consumer price index (CPI) rose by 3.6%....

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