銅價

Chinese traders pounce on price fall to buy into copper

Physical indicators in the Asian copper market are pointing to the strongest demand for the metal in more than a year, as Chinese traders see the

30 per cent fall in prices since August as a buying opportunity.

London Metal Exchange warehouses are set to make their largest deliveries of copper since early 2009, and the price of physical copper in China, measured by its premium above LME prices, has jumped to the highest since July 2010.

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