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Copper ended higher on Tuesday, after a much-anticipated rate hike in China failed to rattle the market, even as the metal-consuming giant's appetite for the metal has softened at the start of the year. COMEX May copper rose 0.95 cent to settle at $4.2645 per lb. China's rate hike adds to six official increases in bank reserves since October, underlining Beijing's determination to clamp down on potential asset bubbles, analysts said.

Copyright Reuters, 2011

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