Home Page : Archive News : July 2011 News : Copper Supply Squeeze Coming, Prices to Jump: Analyst | |
Copper Supply Squeeze Coming, Prices to Jump: Analyst | |
July 01, 2011 Copper prices fell on Friday after data from China showed factory activity slowed more than expected in the world’s largest copper consumer. Copper prices have suffered a lack-luster performance in the second quarter, finishing flat. But one analyst says prices are set to jump later this year as world demand for copper continues to grow but mining output declines. Source: http://www.cnbc.com/id/43603254?__source=RSS*tag*&par=RSS |