Copper price may fall at the end of Grasberg's mine strike

Note: This section contains information in English only.
Source: Commodityonline

Grasberg copper mine, the world's second largest Indonesian mine, moves closer to the end of strike as workers and management agreed on wages. After the strike the global production is projected to increase, thus the copper prices may fall. Moreover, growing concerns over the euro-zone and lower economic indicators of China both weigh down on the commodity price.

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