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

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

Industry News 02:22:51PM Aug 29, 2014 Source:SMM

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. 

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

 

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

Industry News 02:22:51PM Aug 29, 2014 Source:SMM

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. 

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.