Copper prices increase amid China's positive outlook

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Source: Bloomberg
© Scanpix/FP
Worldwide copper prices advanced on Wednesday, as China's economy continues to recover. China is the biggest importer of copper, thus the rise of prices is predictable. According to overall outlooks, Chinese economy can add 7.6% this year, up from previous forecast of 7.5%. Copper prices in London surged today 0.4% to $7,201 per metric ton, while the forecast is in favor of increasing prices.
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