06 Jun 2012 Last updated at 09:44:09 GMT

Shanghai Copper rise on G7 optimism

SHANGHAI (Scrap Monster): Shanghai Futures Exchange copper prices advanced on Wednesday after market sentiment lifted in the wake of Tuesday's G7 talks.

Shanghai Futures Exchange September copper settled at 53,680 yuan ($8,453) per tonne, advanced 210 yuan from the previous trading day.

"The overnight G7 talks soothed some nerves, quietening down some of the bears," said Capital Futures analyst.

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