Copper posts first annual loss in the last three years

Source: Commodityonline

Copper prices finished 2011 with the annual loss for the first time in the last three years. LME copper price lost more than 20% over the year. Experts blame Euro Zone's economic turmoil and slowdown in China. Copper price forecasts stay mixed with some experts predicting $10,000/tonne while some expecting $8000/tonne.

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