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Copper prices stage biggest weekly loss in three months

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Analysts say copper supplies are set to remain ample as producers are focusing on cutting costs rather than production.

London

COPPER prices stabilised in London on Friday, helped by a lower dollar, but still staged their biggest weekly loss since January on concerns about when demand will grow again and ample supply in China.

Three-month copper on the London Metal Exchange closed unchanged at US$4,

sentifi.com

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