London copper futures fell 1 percent on Tuesday after a long weekend, paring Friday's 2 percent rally, and analysts said the weaker tone might prevail if this week's crop of data disappointed investors. Benchmark third-month Shanghai copper fell 1.7 percent to 58,350 yuan paring the 2.6 percent gain in the previous session.
Shanghai copper rose around 4 percent in August. Mark Pervan, senior commodities analyst at ANZ, just back from a trip to China, said the mood towards industrial raw materials was slightly clouded in the near term, but the long term view was bright.
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