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Commodities Briefing - Categorized | Metals and Minerals, Price Watch more

Chinese stockpiling spurs copper price rally

Posted on 23 March 2009

From FT: Copper stockpiling by a secretive Chinese state organisation has helped trigger an impressive rally of 28 per cent in the price of the metal this year.
Copper’s fortunes are closely tied to the industrial cycle so the price jump, bigger than that of gold, has grabbed attention outside the commodities market, with some questioning whether it could signal a turning point for economic growth…..Full Article: Source


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