MB:Shanghai copper futures up 1% as economic tensions ease
Shanghai copper futures rebounded 1.1% from Monday's 2011 low as tensions eased on expectations of US quantitative easing and better Chinese manufacturing activity
Shanghai copper futures rebounded 1.1% from Monday's 2011 low as tensions eased on expectations of US quantitative easing and better Chinese manufacturing activity. November copper closed at 66,650 ($10,435) yuan per tonne, up 1.1% from Monday's close. Backwardation is narrowing with spot copper prices at 66,650-66,750 yuan per tonne on the Changjiang Nonferrous Metals Exchange, down 450 yuan. "I remain doubtful that the market...
