Thursday, 7 April 2011

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China's copper stockpiles weigh on industry

  • Thursday, 7 April 2011
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  • Is Chinese copper demand faltering? For the hundreds of miners, smelters, fabricators, bankers and hedge fund managers gathered this week for the industry's big annual conference in Santiago, that is a market-moving question. After an impressive bull run that has taken copper to all-time highs of more than $10,000 a tonne, inventories of the red metal are piling up in Chinese warehouses. Prices



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