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FT.com explains the price of copper hit a record high of $8,966 per tonne this week.
FT.com explains the price of copper hit a record high of $8,966 per tonne this week.
The editorial is quoted as saying:
“Three factors are likely to further boost copper in 2011: industrial growth in China, the largest consumer of copper; strong demand from exchange-traded funds, which have started moving into metals; and increased capital flows to emerging markets, which are consuming more and more copper.”
