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The August-delivery SHFE copper moved in a narrow range early Thursday and tested a low of RMB 44,000/mt following a 6.4% plunge in Chinese shares. The prices then followed LME copper up in the afternoon and ended the daytime trading at RMB 44,250/mt. SHFE 1508 copper positions grew 4,340, with trading volumes up 45,554 lots. Total SHFE copper positions fell by 14,402.
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