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Monday, March 14, 2011
Copper stays steady
Red metals registers strong weekly losses
Copper prices rose marginally at Comex on Friday, 11 March 2011. Prices traded in narrow range as powerful earthquake coupled with Tsunami hit Japan thereby fuelling demand concerns.
Crude drops on demand concerns
Earthquake at Japan push prices lower
Oil prices dropped on Friday, 11 March 2011. Prices dropped as powerful earthquake coupled with Tsunami hit Japan thereby fuelling demand concerns.
On Friday, crude oil futures for light sweet crude for April delivery closed lower by $1.54 (1.4%) at $101.16/barrel. Prices touched a low of $99.01 during intra day trading. For the week, prices closed lower by 3.1%.
Sunday, March 13, 2011
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