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Commodities Briefing - Categorized | Commodity Crisis, Market Moves, Price Watch more

Bank recapitalisation sparks copper price surge

Posted on 15 October 2008

From Mineweb.com: Base metals prices have bounced due to an anticipated recovery of financial markets sparked by efforts to recapitalise banks.

Base metals surged on Tuesday, with London copper futures up as much as 7.5 percent, steaming alongside rises in the region’s equity markets as a global effort to recapitalise banks sparked a broad recovery…… Full Article: Source


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