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China may sustain its economic recovery in Q2 2013: Barclays

Posted on 25 March 2013

China may sustain its recent economic recovery in the second quarter of 2013, states a recent market analysis by London based Barclays which is good news for base metal prices.
Fabricators and traders predominantly observed demand conditions picking up, matched by an increase in physical buying. In particular, demand for copper wire, cable, rod and foil has picked, and commensurate with that, semi fabricator utilisation rates have picked up………………………………………..Full Article: Source


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