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Copper 2013 average prices will rise above 2012: Morgan Stanley

Posted on 21 November 2012

A global financial services firm Morgan Stanley said that copper in 2013 will have a higher annual average price versus 2012, saying it disagrees with the growing market perception of a looming supply glut that will detrimentally affect the red metal price.
Copper prices closed above $7,800 per tonne on the London Metal Exchange for the first time in over two weeks on Monday with $200 added to the previous close as markets bought riskier assets………………………………………Full Article: Source

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