Newssummary: Copper Price to Average at $6,837 per tonne in 2014, CICC Said

Aug 29, 2014 14:22

Source:SMM

Average copper price is expected to reach $6,837 per tonne in 2014, and $6,500 per tonne in 2015, China International Capital Corporation Limited (CICC) expected.

SHANGHAI, Aug. 29 (SMM) – Average copper price is expected to reach $6,837 per tonne in 2014, and $6,500 per tonne in 2015, China International Capital Corporation Limited (CICC) expected.

The release of new ore capacity and a strong dollar, resulting from economic recovery and QE exit, are major reasons behind its estimation.

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China copper price forecast

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Newssummary: Copper Price to Average at $6,837 per tonne in 2014, CICC Said

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