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Commodities Briefing - Categorized | Metals and Minerals more

Is copper set for a fresh bout of pain?

Posted on 15 July 2014

Copper recently reversed sharp price falls seen earlier this year, but fresh headwinds could push the metal lower in the second half, Capital Economics said in a note.
“We expect renewed weakness in the copper price later this year as mine supply picks up and Chinese copper imports continue to fall due to waning demand from financing deals,” said Caroline Bain, senior commodities economist at Capital Economics………………………………………..Full Article: Source


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