Supply threats lend support to copper
Thu, Sep 11, 2008
Copper Investing News reports the trend for copper futures are up.
The change in trend comes after a reduced production outlook from a top producer and an earthquake in northern Chile re-ignited some fears of a shortfall in supply. The price of copper has declined recently, as the rebound of the US dollar vs. the euro has been weighing down both, precious metals as well as oil.
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Tags: copper futures, copper markets, copper trend, Cu, gold per ounce, market commodity, oil, price of copper, production outlook
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