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China stimulus helps lift slumping copper demand

Posted on 11 February 2009

From Reuters: Bullish copper investors see signs that China’s 4 trillion yuan stimulus package is bearing fruit in surging imports of the red metal, but a full-fledged global demand recovery may prove elusive.

Chinese refined copper imports grew to 211,527 metric tons in December, the highest level ever. Looking ahead to January, analysts expect levels to remain near December’s record level….. Full Article: Source


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VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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