Copper Rebounds on Chinese Stockpiling Before Holidays
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Copper rallied from the lowest level in more than a week as Chinese users bought the metal to replenish stockpiles ahead of a week-long holiday.
The metal for delivery in three months climbed as much as 0.8 percent to $8,244 a metric ton on the London Metal Exchange before trading at $8,225 by 2:27 p.m. in Shanghai. December futures rose 0.4 percent to $3.7445 a pound on the Comex.