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Copper advances as Morgan Stanley sees demand reviving in China

Posted on 21 March 2013

Copper rebounded from the lowest price since August after Morgan Stanley predicted increased demand in China, the world’s biggest user.
Supply-chain inventories of copper are low in China as manufacturers order more of the metal, the bank said in a report dated yesterday. Copper and nickel led gains for metals today as investors speculated that the European Central Bank will continue to support Cyprus, helping to allay concern that the region’s debt turmoil will erode economic growth………………………………………..Full Article: Source


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