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Copper Price Up as US Debt Concerns Ease

  • Friday, October 11, 2013
  • Source:

  • Keywords:Copper Price London Metal Exchange copper trade
[Fellow]
[Ferro-Alloys.com] The London Metal Exchange copper price advanced in early Asian trading on Friday on indications that the US budget talks were making progress.
 
Three-month copper traded at $7,175 per tonne at 03:14 London time, up $32.5 from its opening price. “Market confidence increased as the possibility of the US debt default greatly reduced, helping metal price,” an analyst from Cifco said.
 
  • [Editor:editor]

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