Copper price continues to soar

COPPER inventories held by the London Metal Exchange hit a 36 year low of just 36,150 tonnes on Friday helping drive the price of copper to a fresh all-time high of $US3400 a tonne.

Copper price continues to soar Copper price continues to soar Copper price continues to soar Copper price continues to soar Copper price continues to soar

Speculative hedge fund buying, plus stronger than expected Chinese demand were listed by analysts as the major factors behind the latest upward price surge.

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