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Copper boosts Zambia growth rates: currently, the falling dollar is supporting mineral prices. The rally of the bellwether red metal, copper, is driven by speculation based on optimism about the recovery in US and elsewhere, especially China. M J Morgan reports

Authors :
Morgan, M.J.
Source :
African Business. February 1, 2010 Issue 361, p42, 2 p.
Publication Year :
2010

Abstract

In Shanghai, copper prices have been trading at around a 16-month high; in 2009, prices rose by a massive 151%--a record. LME copper prices similarly rose by 140% in 2009--the [...]

Details

Language :
English
ISSN :
01413929
Issue :
361
Database :
Gale General OneFile
Journal :
African Business
Publication Type :
Periodical
Accession number :
edsgcl.221185985