0129 GMT [Dow Jones] Copper futures traded on Shanghai Futures Exchange higher, as
supported by strong gains in LME 3-month copper Friday; "SHFE copper may look to the
equities market for cues in the day; if it doesn't fall sharply, copper may be able
to shrug off the rate hike Friday," says Shanghai-based trader. Adds 108,111 tons of
refined copper imports in line with market participants' earlier estimates based on
preliminary customs data, hence looks neutral. Most active October contract at
CNY68,790/ton, +CNY560. LME 3-month at $8,120/ton, +$10 from Friday's PM kerb. (HWS)
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