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Standard Chartered: Copper Price to Weaken in 2018 Q1

iconDec 4, 2017 09:48
Source:SMM
Adam Gillard, from sales department of bulk commodity hedge fund, Standard Chartered Bank says the bank estimates copper demand will be slackened.

SHANGHAI, Dec.4 (SMM)-Adam Gillard, from sales department of bulk commodity hedge fund, Standard Chartered Bank says the bank estimates with arrival of 300,000 tons copper supply as well as slowing real estate market in China due to suppression on this overheated market, copper demand will be slackened and price will perform weak in 2018 Q1.


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copper
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Standard Chartered

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