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Home / Metal News / Copper in London Rebounds From Biggest Drop in Two Months, Advances 0.5%

Copper in London Rebounds From Biggest Drop in Two Months, Advances 0.5%

Aug 2, 2011 10:40

Copper in London advanced 0.5 percent to $9,695 a metric ton, rebounding from a drop by the most in two months yesterday.

Aug. 2 (Bloomberg) –Copper in London advanced 0.5 percent to $9,695 a metric ton, rebounding from a drop by the most in two months yesterday.

Three-month delivery copper on the London Metal Exchange yesterday dropped 1.8 percent to $9,650, the most since June 2, after a report showed manufacturing slowed more than economists estimated in the U.S., the world’s second-biggest user of the metal.

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