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Chile’s Codelco CEO Sees Short-Term Copper Volatility
Apr. 04, 2011 12:05PM PST
Base Metals Investing NASDAQ reports that this year, Corporacion Nacional del Cobre plans to produce 1.75 million metric tons of copper.
NASDAQ reports that this year, Corporacion Nacional del Cobre plans to produce 1.75 million metric tons of copper.
The market news is quoted as saying:
Copper also fell as protests across northern Africa and the Middle East boosted crude prices to their highest in more than two years. A $50-a-barrel gain in oil to a record would cut copper demand by about 640,000 tons this year, Deutsche Bank AG said in a report March 30.
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