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China’s Refined Copper Consumption May Increase by About 5 Percent
Jul. 27, 2012 03:44PM PST
Base Metals Investing Reuters reported that China’s refined copper consumption may increase by about 5 percent in the second half of 2012.
Reuters reported that China’s refined copper consumption may increase by about 5 percent in the second half of 2012.
As quoted in the market news:
Chinese demand is a key driver for London Metal Exchange copper prices, with the benchmark three-month contract up a marginal 0.75 percent so far this year.
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| Commodities | |||
|---|---|---|---|
| Gold | 2317.98 | -5.71 | |
| Silver | 27.20 | -0.08 | |
| Copper | 4.48 | -0.01 | |
| Oil | 82.78 | -0.03 | |
| Heating Oil | 2.56 | 0.00 | |
| Natural Gas | 1.67 | +0.01 | |
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