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China, weaker dollar behind copper price rise

Posted on 15 April 2016

A combination of positive signals on the Chinese economy and the fall in the dollar explain rising copper prices over recent days, the head of the Chilean Copper Commission said Thursday. Copper prices have risen almost 4% this week to around $2.19/lb.
Speaking in Santiago, Sergio Hernandez, executive vice-president of the commission, or Cochilco, said a key factor were most positive numbers on the performance of the Chinese economy, which consumes approximately half of the world’s copper………………………………………..Full Article: Source


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