Shanghai copper lower, LME pare overnight loss

Shanghai LME

Now Close Now Close Copper
62220 62470 8125.00 8095.00
Aluminium 19055 19105 2962.00 2960.00
Zinc 17660 17660 2125.00 2120.00
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MAY 29

In the news > Oxiana says fire at Sepon plant
halts production [nSYU004447] > Russian tycoons agree to set
up mining giant [nL28692466] > Nickel and copper fall on
demand worries [nL28245000] > Indonesia police tighten
net on illegal miners [nL28630307] > Rising stocks won't cap
aluminium price [nSP31350]
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* Shanghai August copper SCFQ8 opens at 62,220 yuan at 0102
GMT on Thursday, versus 62,470 yuan at the previous close.
* LME copper MCU3 up $30 at $8,125 after a 1.2 percent
decline in the previous session.
* Oxiana Ltd OXR.AX said a small fire at its Sepon copper
plant in Laos would close the operation for 10-15 days and cost
1,800 to 2,500 tonnes of lost production.
* Shanghai aluminium SAFQ8 falls to 19,055 yuan from 19,105,
while zinc SZNQ8 flat at 17,685 yuan.
(Reporting by Nick Trevethan; Editing by Louise Heavens)