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China Daily | Updated: 2010-04-07 08:07
Copper futures sizzle on LME
Copper futures on the London Metal Exchange advanced to more than $8,000 a metric ton for the first time since the collapse of Lehman Brothers Holdings Inc in 2008 on signs that the global recovery is boosting demand.
The contract for delivery in three months gained as much as 1.6 percent to $8,009.75 a ton, trading at the highest level since Aug 1, 2008.
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