Shanghai copper price up 1.3% on the week

Apr 27, 2012 | 03:56 AM |

Shanghai Futures Exchange copper prices gained 1.3% this week, albeit widening a discount with its London counterpart as Chinese traders showed reluctance in chasing overseas gains. SHFE August copper settled at 58,470 yuan ($9,259) per tonne on Friday April 27, up from 57,960 yuan per tonne on Thursday, and last Friday’s settlement of 57,710 yuan....

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