Copper market report March 2013
2013-04-16 09:37:36 【Print】
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Affected by European debts crisis and stronger US dollar, 3-month copper on the LME went down obviously
. Worries over Cyprus crisis strengthened . The US economic data performed weak . US dollar went stronger . Copper market was under pressure . With unfavorable news increasing, wait-and-see sentiment in copper market became strong . Some suppliers were not willing to sell and copper supply was a little tight . Buyers kept purchasing from hand to mouth .