Monday, July 2, 2007

Shanghai copper up 2.4 pct, LME in sight of $8,000

(Reuters) - Shanghai copper rallied more than 2 percent on Tuesday following a 2 percent surge in London futures to a seven-week high as the dollar fell and threats to supply focused attention on limited metal stocks.

The most-active September copper contract on the Shanghai Futures Exchange rose 2.4 percent or 1,540 yuan to 65,810 yuan a tonne at 0212 GMT.


Read more at Reuters Africa

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