WorldScrap- As the investors are going to make an distribution of the funds for a better profit than in stock market, LME copper was closed at 8545USD, climbed up 115USD, underpinned by the basic elements coupled with de-stocking copper stockpiles. However, according to the analysts, the rising copper price would likely to be contained by the concerns over the demand from China, the largest copper consumer. SHFE copper futures opened higher and later inclined to poised in fluctuation. Scrap copper price kept relatively flat while the trade has been in dullness.
China scrap copper market on 30th, Jun
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Posted - 06/30/2008 : 02:26:14
