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[Cu] CBI Morning Review - 2009/4/7 Copper Market
SHANGHAI, Apr. 7 (CBI China) -- LME copper fell back due to the stronger U.S. dollar and the impact of profit-taking of long investors. Three-month LME copper closed at USD 4,285/mt, down USD 65/mt. It is worth noting that the proportion of cancelled warrants continued to increase, boosting the market insiders` confidence on the copper surge. Copper price will move at high in the short term.
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