Copper Q4 2012 – February 2013

Copper Q4 2012 – February 2013

As we go to print, copper prices are steady at about US$3.70/lb with underlying support primarily driven by demand from continued Chinese government expenditure on construction and infrastructure projects.

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Overall copper demand is expected to increase 3.6 percent in 2013 and 4.3 percent in 2014.This paints a rosy picture to support the considerable investment in new and existing project expansion. 

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