Reuters reported that a boost to domestic consumption in China will help spur a recovery in copper demand in 2013 with the outlook likely to improve modestly in the United States while Europe remains weak.

Mr John Peter Leesi CEO of copper products group Luvata said that “While the pickup in demand could help cushion copper price falls, the outlook for prices remains bearish as more supply is expected to hit the market at a time when global growth continues to weaken.”

Source - Reuters

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