28.01.2013 - Q2 2013 may see $9,000/t Copper: Deutsche Bank
Deutsche Bank expects that, despite high copper stocks, net copper imports into China will likely remain elevated in the first half of 2013, with some re-stocking taking place at the consumer level. “This may result in copper prices approaching USD9,000/t in Q2 in our view.” Deutsche Bank said in a report. Meanwhile, in 2013 Deutsche Bank economists expect Chinese growth to accelerate to the end of the year, averaging 8.2% after 7.7% in 2012...............................................Full Article: Source
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