Copper Market Report August 2011
2011-09-15 18:40:03 【Print】
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Copper prices in London and Shanghai declined sharply in early August due to the pessimistic economic data and the downgrade of US credit rating
. Although copper prices turned relatively stable in the second half of August, the sentiment remained fragile, and the trading went slowly . However, considering the forecasting third quantitative easing from United States and the recovering demand from China, most participants are cautiously optimistic about copper market trend in September .