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Copper revival likely on strong China power grid spending in 2014: Barclays

Posted on 24 March 2014

With China power grid spending showing strong growth of 22% year-on-year the first two months of 2014, investors worried over fallng prices could see some recovery in demand and improved market sentiments, according to Barclays.
Once the new grid investments translates into orders, copper consumption could improve and offset some of the losses from property sector, the report said………………………………………..Full Article: Source


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