China’s Effect on Copper

Usfunds.com reports on the role of China on Copper Market.

The editorial is quoted as saying:

China’s role in the copper market rebound can’t be overstated. World consumption of copper has increased 14.9 percent from 2003-2009. But remove China from the equation and world copper consumption swings in the opposite direction to a 14 percent decline over the same time period. Meanwhile, the other BRIC countries (Brazil, India and Russia) combined have seen their copper consumption grow 15 percent since 2003.

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