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MB:Shanghai copper down 1.7% on profit-taking
 
Shanghai Futures Exchange copper lost 1.7% on Monday, as investors locked in recent solid gains amid a surging dollar. SHFE benchmark January copper contract fell 1,020 yuan ($160) to close at 58,230 yuan per tonne. The contract gained 15% over last week, thanks to relief from the EU debt crisis deal. But SHFE copper was dragged down again by a decline this morning of London Metal Exchange three-month copper. It lost as much...

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