Copper resists selling in metals to recoup some of its recent losses

Copper prices on Thursday caught a bounce from the prior session’s thrashing, while the rest of the metals group were stuck in the red.

High-grade copper for March delivery HGH5, +1.44%  added 6 cents, or 2.5%, to $2.569 a pound, rebounding slightly after touching levels not seen since mid-2009. Concerns over a supply glut and slowing consumption in China have weighed on copper prices in recent months.

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