Copper price at highest since August 2008
By Li Xiaowei | China Daily | Updated: 2010-04-13 08:19
SHANGHAI - Copper jumped to the highest price since August 2008 in London after imports by China surged in March on rising seasonal demand.
The three-month contract on the London Metal Exchange rose as much as 1.5 percent to $8,043.75 a metric ton in early trade, the highest level since Aug 1, 2008.
The contract rose above $8,000 last week for the first time since the collapse of Lehman Brothers Holdings Inc in September 2008.
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