Copper stockpiles expand

Bloomberg reports that Copper stockpiles expand as Chinese imports are down and Japan reels from its nuclear crisis.

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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