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Friday, 05/26/2006 9:25:23 AM

Friday, May 26, 2006 9:25:23 AM

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``High metal prices reflect ongoing inflows of speculative money,'' HSBC analysts led by Paul McTaggart said in a report yesterday. The bank estimates about $100 billion will be invested in commodity indexes by the end of 2006, compared with $10 billion at the end of 2003.

Copper inventory monitored by the LME fell 475 tons, or 0.5 percent, to 105,750 metric tons, the exchange said today in a daily report. Stockpiles, which have risen 19 percent this year, are still equal to less than three days of global usage

http://www.bloomberg.com/apps/news?pid=10000086&sid=aZhcS4Xv3zZw&refer=latin_ame rica


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