| Chinese copper demand is likely to remain subdued in the near term but pick up in early 2013, said British bank Barclays Capital in a commodity research note.
According to Barclays, Chinese stimulus measures announced during the summer have yet to translate into demand. Power-sector demand, which accounts for 45% of China’s copper consumption, has fared better than other sectors this year, but September orders have not picked up substantially from low levels in August...............................................Full Article: Source |