Monday, May 21, 2007

Shanghai metals bounce, ignore China tightening

(Reuters) - Shanghai copper and zinc prices bounced by 4 percent on Monday after a week-long slide despite new measures by China to slow growth.

Shanghai August copper was at 64,120 yuan a tonne at midday, up 4.5 percent or 2,760 yuan from Friday's close, while July zinc was higher at 30,720 yuan.


Read more at Reuters Africa

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