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Copper drops on China construction worries, but producers remain bullish

Frik Els | July 20, 2012 | 7:19 pm Base Metals Copper 

On Friday, spot copper reversed recent gains trading at $3.44 a pound, down 2.5%, in early afternoon dealings in New York. The pullback came after Chinese officials issued a warning to local governments to curb property speculation and overbuilding. Like...

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