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U.S. Copper Futures at 2-yr top on dlr, China Data

iconSep 30, 2010 00:00

Sep. 29 (Reuters) - The price of copper rose to its highest level since late July 2008 in New York futures trade on Wednesday, driven by ongoing dollar weakness and robust manufacturing data from China.

Copper for December delivery HGZ0 peaked at $3.6630 per lb on the COMEX metals division of the New York Mercantile Exchange, the highest level for the third position futures contract since July 30, 2008. 
           


 

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