08.06.2012 - China: Commodities hold ground as traders await news from EU, US
Domestic commodity futures were steady ahead of Wednesday's European Central Bank (ECB) meeting and a speech by the US Federal Reserve chairman later Thursday as anticipation built for possible monetary easing in the EU and the US. The most traded copper contract on the Shanghai Futures Exchange (SHFE), for September delivery, rose 0.62 percent to close at 53,820 yuan ($8,456.28) per ton...............................................Full Article: Source
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