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SHFE copper balances on inventories US payrolls

Chinese commodity futures stabilized last week on positive unemployment data out of the US, though a projected supply surplus weighed on copper prices. The most traded copper contract on the Shanghai Futures Exchange (SHFE), for June delivery, was flat last week, closing at 56,740 yuan ($9,130) per ton Friday. Copper imports fell to their lowest level in 20 months, primarily due to the effects ...

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