11.05.2015 - Copper prices soft but oulook positive
Copper was softer on Friday, but signs of robust demand from top consumer China helped support prices, while the tin market focused on expectations of tighter supplies due to Indonesian export cuts. Three-month copper on the London Metal Exchange was untraded at the close, but bid at $US6,385 a tonne from Thursday's close at $US6,400. China's copper imports fell 4.4 per cent year-on-year in April. But arrivals of anode, refined copper, copper alloys and semi-finished copper products stood at 430,000 tonnes in April, the highest monthly imports since April 2014 and up 4.9 per cent from 410,000 tonnes in March...............................................Full Article: Source
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