Wednesday, November 13, 2013

Base Metal Commodity Update by CapitalVia


Base Metal Commodity Update by CapitalViaCopper prices rose on Friday on optimism over ECB's monetary policy decision and strong US economic growth. However, a stronger dollar limited the upside in prices.
China is the biggest stock est of copper in the world. china's imports of copper reached 406,708 tonnes in October, down from 457,847 tonnes in September. Base metals are expected to move higher on optimism over positive Euro trade data and improved demand outlook from china.

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