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Reuters reported that copper dropped to $7,590 a tonne due to decline in U.S. retail sales.
Reuters reported that copper dropped to $7,590 a tonne due to decline in U.S. retail sales.
As quoted in the market news:
Three-month copper on the London Metal Exchange ended at $7,590 a tonne down from Friday’s close of $7,700. Prices had rallied 1.9 percent to a one-week high at $7,730 on Friday on relief over the Chinese growth data.
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