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The Latest Problem for Copper? Chinese Economic Data

by MetalMiner IndX Reports on April 10, 2014

Style:    Category: Metal Prices, MetalMiner IndX, Non-ferrous Metals, Premium

Poor Chinese economic data, igniting more concerns about slowing growth in the world’s biggest consumer of it, was the latest problem for price-battered copper over the last few days. Forbes reported that trade figures released by China’s Customs Department on Saturday showed that Chinese exports slumped by 18.1% in February, when the market was expecting an increase of around 7.5%.

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