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Copper traders most bullish in two months on demand outlook: Commodities

Posted on 23 December 2011

Copper traders are the most bullish since October as global inventories at a two-year low add to signs that demand is improving.
Sixteen of 28 analysts surveyed by Bloomberg expect the metal to advance next week, the first positive outlook in three weeks and the highest proportion since Oct. 14. Global copper stockpiles monitored by exchanges in London, Shanghai and New York fell 23 percent since March and this month were at the lowest level since October 2009, Bloomberg data show………………………………………..Full Article: Source


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