Base Metals

Bloomberg reported that copper value is likely to raise up to 25 percent in the second half of 2012 due to growing demand from China.

Bloomberg reported that copper value is likely to raise up to 25 percent in the second half of 2012 due to growing demand from China.

As quoted in the market news:

Three-month copper on the London Metal Exchange rose 0.6 percent to $7,830 a ton at 3:43 p.m. Tokyo time. The metal declined 21 percent last year and averaged $8,164.50.

Click here to read the full Bloomberg report.

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