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Copper prices rise nearly 20% in one month

Posted on 21 November 2016

Copper stood out among the hottest commodities in the past one month, as prices of the base metal surged nearly 20 per cent on hopes of improving demand from top consumer China and a steady decline in stocks at warehouses.
The rally was fuelled by optimism over robust demand from the US on expectation of increased infrastructure spending under president-elect Donald Trump. Trump has pledged to spend $1 trillion on infrastructure over the next 10 years, which has fuelled demand expectation……………………………………Full Article: Source


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