However, the net long rose for copper, the one base for which the CFTC compiles weekly data.

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Jiangxi Copper rose 1.7% in Hong Kong and 1.9% in Shanghai, while in Sydney, Fortescue Metals Group and BHP Billiton advanced 3.8% and 0.7%, respectively.

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The US, Britain and the EU now all make pennies and cents out of steel with a copper plating as copper rose in price making brass and bronze worth more than face value.

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