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copper investing

Shanghai Copper up on Firmer Dollar

Investing News Network
Aug. 29, 2011 01:05PM PST
Base Metals Investing

Reuters Africa reports that Shanghai copper edged up on firmer dollar and a possible strike at the world’s third largest copper mine, Indonesia’s Grasberg.

Reuters Africa reports that Shanghai copper edged up on firmer dollar and a possible strike at the world’s third largest copper mine, Indonesia’s Grasberg.

The market news is quoted as saying:

The most-active November copper contract on the Shanghai Futures Exchange SCFc3 inched up 0.3 percent to close at 67,610 yuan per tonne after rising 1 percent in the previous session.

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