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Copper collapsed on Thursday in its biggest one-day loss since mid-November as a stronger dollar added to early pressure from fears of monetary tightening in China, the world's biggest consumer of the metal. The bearish onslaught spread through the broader industrial metals complex in London, dragging lead down 3.7 percent, zinc 2.5 percent and aluminium to its lowest level since December 21.
COMEX copper for March delivery sank 9.80 cents, or 2.2 percent, to settle at $4.2720 per lb.

Copyright Reuters, 2011

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