GREY:NEVDQ - Post by User
Post by
LocoToroon May 24, 2010 12:41pm
433 Views
Post# 17126334
Copper Prices Rising on Demand From China
Copper Prices Rising on Demand From China
Grupo Mexico Sees Copper Prices Rising on Demand From China
By Carlos Manuel Rodriguez
May 24 (Bloomberg) -- Grupo Mexico SAB, the largest mining company in Mexico, sees copper prices extending their recovery amid “very strong demand from China.”
“In May, we expect an extremely good copper import demand from China,” Chief Financial Officer Daniel Muniz said in an interview May 21. Possible Chinese monetary policy changes “will not impact Chinese copper demand,” he said.
https://www.bloomberg.com/apps/news?pid=20601012&sid=ahh.cAK9WYZE