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Copper ends strong as tight supply focus returns

Posted on 26 May 2011

Copper climbed more than 2 percent on Wednesday, on buying spurred by recent bullish investment bank outlooks amid mounting evidence of a production short-fall this year.
Macquarie Bank’s removal of its short-term sell in copper a week ago and Goldman Sachs’ recommended long position this week seem to back what many long-term bulls have been betting on — that supply growth in 2011 will fall well short of rising global demand……………………………………….Full Article: Source

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