Copper slumped on Wednesday on nagging doubts over the US economy and fears about tighter policy in China, but ended off the lows after the US Federal Reserve gave no indication it was in a rush to raise rates. In New York, US copper futures for May delivery on COMEX settled down 9.10 cents, or 2.1 percent, at $4.2280, but later pared losses to trade at around $4.2575.
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