An eventful week ahead |
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Copper: base metals fell across the board on Friday with copper in the lead: it fell by 4.5 per cent to USD 6,900 a tonne. A massive increase of 18,775 tonnes in copper stocks to a total of 200,875 tonnes was the main reason for the price fall. This means that the stocks of copper have risen by 16 per cent in just a week and are now the highest they have been since January 2008. The price has reached the target price of our sell recommendation for copper, which means that we recommend
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