26.05.2011 - Copper ends strong as tight supply focus returns
Copper climbed more than 2 percent on Wednesday, on buying spurred by recent bullish investment bank outlooks amid mounting evidence of a production short-fall this year. Macquarie Bank's removal of its short-term sell in copper a week ago and Goldman Sachs' recommended long position this week seem to back what many long-term bulls have been betting on -- that supply growth in 2011 will fall well short of rising global demand..............................................Full Article: Source
Print