29.07.2010 - China’s hunger may help copper
From Commodityonline.com: China’s copper hunger is back with the country importing around 550,500 tonnes of the metal in June, which is higher than the 479,000 tonnes imported in May. According to market analysts, low spot prices and a fluctuating price ratio is restricting growth in copper concentrate imports. However, China’s YTD imports of copper concentrate are still positive up 8.21% and a result of expanding copper smelting capacity during H1 2010 and limited raw material substitutes..............................................Full Article: Source
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