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Bloomberg reported that copper advanced on Wednesday, pushed forward by indications that Chinese demand is growing.
Bloomberg reported that copper advanced on Wednesday, pushed forward by indications that Chinese demand is growing.
As quoted in the market report:
The U.S. recovery and improving Chinese international trade figures are supporting the copper price,” Pengjiang “Richard” Fu, director for Asian commodities trading at Newedge Group SA in London, said by e-mail today. “China’s data this month on money supply, inflation and new loans will be key to keeping the rally going.
