Copper swings between gains and losses amid China's demand and U.S. deadlock

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Source: Bloomberg
© Scanpix/RS
Copper fluctuated on Tuesday amid unfavourable situation in the U.S., where President Barack Obama and congressional lawmakers failed to agree on the new debt ceiling avoiding the nation's default and as China's demand rose after the nation's holiday. Copper for December delivery was traded at $7,250 a metric ton as of 11:48 a.m. Tokyo time on the London Metal Exchange.

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