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Copper stockpiles expand

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

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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