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Copper may offer some value in 2013

Posted on 12 February 2013

The combination of better than expected U.S. durable goods data and the head of China’s sovereign wealth fund stating that China’s economy grew by almost 8% last quarter may offer some opportunities in the copper market.
Although these global economic indicators gave some hope about growth and demand in the world’s largest economy, the uneasiness about the growth of supply has kept copper prices relatively in check due to concerns that larges quantities of supply could enter the market in 2013………………………………………..Full Article: Source


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VRS - who has written 37629 posts on Opalesque Commodities Briefing.


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