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[Ferro-Alloys.com] Base metals consolidated earlier gains in Wednesday’s kerb trading on the London Metal Exchange, helped by a stronger euro and positive Chinese sentiment.

 

Three-month copper finished the kerb at $6,880 per tonne compared with $6,735 per tonne on Tuesday and $6,809/810 per tonne in official trading. Chinese officials indicated commitment to growth targets, while some US economic data came in better than expected. "Dollar weakness and statements by Chinese officials indicating they are committed to maintaining growth targets are providing support to copper," a trader said in a note.