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Commodities Briefing - Categorized | Metals and Minerals, Price Watch more

Red-hot copper rises above $8,500 a tonne

Posted on 26 October 2010

From Ninemsn.com.au: The price of copper rose on Monday above $8,500 a tonne for the first time since the fall of Lehman Brothers, as the sliding dollar coincided with buoyant investment demand.
The market for the red metal, a crucial cog in the global economy as it is widely used in manufacturing, has been in relentlessly bullish mode for several weeks as demand is expected to outstrip supply this year and next……………………………………….Full Article: Source


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