Copper price increases on speculation that usage will increase

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Source: Bloomberg
Copper futures with settlement in three months were higher by 0.2% to $8,250.75 a metric tone on London Metal Exchange on Tuesday trading session. Commodity investors speculate on signs that recovery in the U.S. and China will boost demand for copper and adsorb current oversupply. Stockpiles of copper were in the highest level since May 2011.
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Wed, 13 Feb 2013 12:11:03 GMT

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