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LME future copper and aluminum supported by Japanese buying

Friday, Jan 18, 2008
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Tokyo, Jan 18 – An broker from Tokyo said, LME 3M copper and aluminum is supported by Japanese buying, due to stronger yen encourages consumers buy in before weekends. The broker said, consumers doesn’t expect price rebound, but try to hedge before any factor which causes price up before weekends. Dealers thought copper price need to hold 7,000 dollars to avoid falling down.

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