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[Cu] CBI Morning Review - 2009/4/27 Copper Market
SHANGHAI, Apr. 27 (CBI China) -- Positively affected by soft U.S. dollar and significant inventory declines, LME copper price improved, three-month LME copper closed at USD 4,482.5/mt, up 182.5/mt. The inventories declined by 10,925mt to 429,550mt. On Friday, inventories declined by 7,654mt in Shanghai as well, helping boost the market in the short term. Copper price will likely to rise slightly before Labor Day.
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