Colosseum a.s. (Colosseum a.s.)
Commodities  |  August 30, 2012 14:16:28

Demand for copper in China will grow at the slowest rate in 15 years



ColosseumDemand for copper in China, the largest consumer of the red metal in the world, should this year the slowest growth since 1997. Estimate published by Beijing Antaike Information Development. Consumption should increase by 5 percent to 7.7 million tons. The average rate of growth in demand in the next five years should be in the range of 4-5 percent. The copper price during today's trading grows by 2.15 cents (0.62 percent) to 347.05 cents per pound. and # 160;

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