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The SHFE’s most-active November copper contract inched up 90 yuan to 50,470 yuan ($7,717) per tonne as of 03:26 BST, compared with the previous day’s close.
The dollar’s rebound has halted for now – at 92.09 as of 04:34 BST, it is below Thursday’s rebound high of 92.66, lending some slight support to the base metals.
However, large copper stock deliveries into London Metal Exchange-listed warehouses this week has kept red metal prices under pressure. LME copper stocks increased a net 29,420 tonnes to 276,025 tonnes on Thursday. Total copper stocks on the LME are now up 26% since Tuesday. Lead, zinc and nickel higher; aluminium, tin drop
Currency moves and data releases