SHANGHAI, Feb. 3 (SMM) - Barclays said copper prices may be pushed to the highest from November 2014 due to falling supply, wenhua.com reported.
Copper supply has been falling due to strike at Chile’s Escondida mine and low production ratio at Freeport-McMoRan Copper & Gold’s Grasberg copper mine.
Copper prices have advanced over 30% over the past year.
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