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Article: China's Domestic Consumption, Investment and Import of Copper Are All Expected to Maintain Rapid Growth in 2008.
- Article from:
- Business Wire
- Article date:
- March 27, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c86799) has announced the addition of China Industry Research and Investment Analysis: Copper Mining and Dressing Industry, 2008 to their offering.
The price of copper on the London Metal Exchange has risen over 27% so far in 2008, in large part due to China-led demand and accompanying US inventory depletion. Since 2001, the price of the metal has increased approximately five times. By 2009, copper supply will still be limited and price will remain high. China is the world's biggest copper user, with consumption expected to reach five million tons in 2008. In addition, China's ...