Copper ended lower on Monday after a slide in Chinese imports reinforced concerns over the country's economy-cooling efforts while fears of eurozone debt contagion pushed the dollar up on safe-haven buying. COMEX copper for December delivery sank 8.20 cents, or 2.1 percent, to settle at $3.7515 per lb, also near its session low at $3.7260. COMEX copper volumes remained brisk despite the onset of a holiday-shortened week.
The total stood at 51,396 lots by 1:59 pm EST (1859 GMT), nearly 9 percent above the 30-day average near 47,300 lots, Thomson Reuters preliminary data showed.

Copyright Reuters, 2010

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