THE HINDU BUSINESS LINE
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from THE HINDU group of publications
Wednesday, August 22, 2001
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Commodities

Commodities
Global copper weak on declining demand
WEAKENING demand in major markets and limited impact of production cuts have driven global copper prices down in recent months. In early June, copper prices dropped below $1,600 a tonne (72.6 cents per pound) for the first time since July 1999. Recovery prospects do not seem to be promising, on current reckoning.

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