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.
