Thursday, May 31, 2007

Copper rebounds on tight supplies, lead at new high

(Reuters) - Copper gained ground on Thursday as Chinese shares recovered from a sharp fall in the previous session and the market focused on dwindling copper inventories, while lead hit a fresh record high on supply worries.

Copper for delivery in three months on the London Metal Exchange rose to $7,355/7,375 a tonne, up $149 from Wednesday.


Read more at Reuters Africa

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