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On Friday, SHFE copper initially soared to RMB 50,850/mt, and closed up RMB 650/mt, or 1.3%, at RMB 50,760/mt. Trading volumes for the SHFE 1410 copper contract shrank by 64,696 lots, and positions decreased by 3,596 lots. Trading volumes for the SHFE 1411 copper contract rose by 1,018 lots, and positions increased by 18,430 lots.
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