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Commodities

LME looking to tap Asian demand, chief says

LONDON -- The London Metal Exchange aims to attract more market players in China, India and other parts of Asia, CEO Garry Jones told The Nikkei, amid intensified competition from rivals around the world.

     Copper and aluminum prices plunged in 2015, and the total trading volume on the exchange fell 4% from 2014. The outlook "is cautious but not overly negative," Jones said in an interview, pointing to the recovery in nonferrous-metal prices.

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