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Copper prices dropped on hopes strike talks would restart

Copper prices dropped on hopes strike talks would restart

Copper trading range for the day is 392.7-420.5. Copper prices dropped on hopes strike talks would restart at the world’s biggest copper mine in Chile. Striking workers at Chiles massive Escondida copper mine have accepted a government invitation to try to resume dialogue with mine operator BHP Billiton The news hit a market worried that funds who have taken bullish positions might be ready to sell on any signal that the strike may be concluded.

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