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Copper recovers some lost ground but demand concerns weigh

London

COPPER clawed back some of the previous session's hefty losses on Friday as supply disruptions in Chile and Indonesia lent support, but still posted a second straight weekly drop as concerns over the demand outlook weighed.

The metal used in construction fell 3 per cent on Thursday, its biggest one-day drop in 17 months, as traders flagged persistent worries over Chinese consumption.

Some investors also cashed in after copper hit a 21-month high of US$6,204 on Feb 13 on supply outages from major...

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