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On the LME, it has been relatively quiet with only copper having a week of slight falls. The AUD exchange rate has also been steady and is currently trading at 76.8

 

Please find the following article for your perusal;

 

08 Jun 2015 10:11 GMT

DJ LME Copper Down, China Import Data Weighs — Market Talk

1011 GMT Copper futures are fractionally lower on the London Metal Exchange, trading down 0.04% at $5,934.50/ton, on the back of weak economic data out of China. According to customs authority data, copper imports into the Asian country in May fell 6.4% year-on-year and 16% month-on-month to 360,000 tons. More broadly, red metal prices are seen supported by a future shortage. “There exists a broad consensus that the copper market looks inadequately supplied towards the end of the decade as development of all but the most advanced projects has stalled since 2012,” says Macquarie. (ese.erheriene@wsj.com; Twitter: @Ese_Journo)



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