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China’s copper demand to remain subdued in 2012; pick up in early 2013: Barclays

Posted on 03 October 2012

Chinese copper demand is likely to remain subdued in the near term but pick up in early 2013, said British bank Barclays Capital in a commodity research note.
According to Barclays, Chinese stimulus measures announced during the summer have yet to translate into demand. Power-sector demand, which accounts for 45% of China’s copper consumption, has fared better than other sectors this year, but September orders have not picked up substantially from low levels in August………………………………………..Full Article: Source


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