Copper hits 16-month high to end stellar year

SINGAPORE, January 2 (Reuters) – Copper prices rallied 1 percent to 16-month highs on Thursday, powering towards a strong close in the last few hours of the decade.

The bullish mood that has lifted copper prices by more than 140 percent this year is expected to set the tone for early 2010.

The copper rally also infected zinc which hit its highest since March last year and tin to its firmest in more than 12 months.

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