Thursday, March 15, 2007

Shanghai copper up 1.4 percent, LME resilient

Shanghai copper prices rallied 1.4 percent on Thursday, supported by resilience in London futures despite turbulent equity markets.

The most active May contract on the Shanghai Futures Exchange was 830 yuan, or 1.43 percent higher, at 58,970 yuan a tonne at the close, encouraged by gains in London futures despite turmoil in equities.

Read more at Reuters South Africa

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