Shanghai copper prices drop 2.7%, tracking LME falls

Apr 11, 2012 | 03:51 AM |

Copper prices on the Shanghai Futures Exchange plunged to their lowest level since mid- January on Wednesday April 11, after LME copper tumbled to a near three-month low overnight. SHFE July copper settled at 58,030 yuan ($9,172) per tonne, down 1,590 yuan from Tuesday. Trading volume of the contract rose by 7,148 lots to 475,980....

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