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Print Print edition: 2011-05-06

Shanghai copper plunges

Published Updated

Shanghai copper dropped to five-month lows on Thursday and London futures hit their lowest since mid-March in a broad decline across commodities spurred by worries over the US economy and further monetary tightening in China. The most-active July copper contract on the Shanghai Futures Exchange fell 1.3 percent to 67,040 yuan. It dropped as low as 66,850 yuan earlier, a level not seen since December 8.

Copyright Reuters, 2011

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