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Base metals mostly retreat, tin reaches new high

Posted on 08 March 2016

Copper and zinc pulled back from their highest levels in more than four months on Monday, dampened by a firmer US dollar and as misgivings surfaced over China’s ability to stimulate underlying demand for base metals.
Three-month copper on the London Metal Exchange slipped 0.8 per cent to $US4987 a tonne by 1454 GMT to hand back some of the previous week’s 3.5 per cent rally. Chinese authorities gave assurances at the weekend that the top metals-consuming country would not experience a hard landing………………………………………..Full Article: Source


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