Copper soars by 12 percent
Copper, the base metal whose price movements backs the industrial activity, has risen over 12% in a week.
Harish Gallipeli, research head, Karvy Comtrade, said:
A breakout of a price range caused some technical buying, which was supported by the change in London Metal Exchange (LME) warehouse statistics.
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Thu, Mar 5, 2009
Post by Mike Rodger, Copper Reporter