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Copper Increases as Crude Oil Price Drop Eases Slowdown Concern
Mar. 09, 2011 10:33AM PST
Base Metals Investing Bloomberg reports that in London, copper advanced, as oil prices dropped for a second day.
Bloomberg reports that in London, copper advanced, as oil prices dropped for a second day.
The market news is quoted as saying:
Copper for three-month delivery gained 0.7 percent to $9,596.75 a metric ton at 6:02 p.m. in Singapore. New York- traded crude fell as much as 0.8 percent today after American Petroleum Institute data showed an inventory increase.
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