Copper prices flat in LME officials after China customs data disappoints
May 10, 2012 | 09:09 AM
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Copper prices were flat to their opening level in official trading on the London Metal Exchange on Thursday May 10 as market participants digested disappointing trade data from China.
Three-month copper prices settled at $8,052/53 per tonne in the official session, up from $7,790/75 per tonne a day earlier and $4.75/5.75 above its opening price.
Chinese export growth rose by 4.3% in April, down from 8.9% in the previous month, while import growth slowed to 0.3%, down from 5.3% in March. ....
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