Print Print edition: 2010-12-31

Shanghai copper jumps

Published Updated

Shanghai copper futures leapt to a 41-month peak on Thursday as buy orders were triggered after early support from investors in Japan looking to take advantage of strength in the yen. Shanghai metal rallied to 70,850 yuan, its strongest since July 2007. "It looks like we have run into some buy-stops around $9,450, just above the previous high, and again at $9,500," a trader in Singapore said.