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Copper Falls 0.7% as Inventories Rise and Supply Worries Ease

Three-month copper on the London Metal Exchange was down 0.7% at $14,319.50 per metric ton by 1040 GMT on Wednesday.

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By Eric OnstadCopper prices dropped on Wednesday after inventories rose and worries over supply declined despite record premium offers from producers for next year's physical deliveries.Three-month copper on the London Metal Exchange LME:CA1! was down 0.7% to $14,319.50 a metric ton by 1040 GMT, ha…