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Commodities Briefing - Categorized | Market Moves, Metals and Minerals more

Supply of copper set to outstrip demand

Posted on 10 October 2013

Leading copper miners and traders have said they expect supply to outstrip demand next year as a wave of new projects begins production, a development that suggests prices will continue falling for the benchmark industrial metal.
The price of copper, used in electrical wiring, has fallen 30 per cent from record highs in 2011 amid slowing Chinese demand and rising supply………………………………………..Full Article: Source


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