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26 mars 2008

Brace for an increase in connector prices

Connector suppliers say it's likely that they will have to increase prices this year because of increased costs for precious metals and plastics. "We continue to see rising raw materials costs most specifically for gold,” says Peter Krehbiel, president,...
Posté par Yale LIAO à 17:11 - Commentaires […] - Permalien [#]

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21 mars 2008

Import cutback by China to loosen copper supply

Import cutback by China to loosen copper supply
World copper supply may loosen this year if Chinese analysts are correct in predicting that the country’s net copper imports may fall by 10% this year from 2007 to 1.22 million metric tons. Meanwhile, short-term copper prices have tumbled to a three-week...
Posté par Yale LIAO à 11:18 - Commentaires […] - Permalien [#]

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21 mars 2008

Codelco to expand copper mining capacity

After some news sources report its annual output declined in 2007, Chilean copper miner Codelco plans to increase capacity in 2008 by upping its capital spending to $2 billion, up from $1.69 billion last year. Of that, $241 million will go to its new...
Posté par Yale LIAO à 11:18 - Commentaires […] - Permalien [#]

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21 mars 2008

Copper outlook for 2008 is a fourth year of reduced demand

Copper buyers will have less trouble sourcing the red metal this year as a succession of bad news on the economy—including poor bank earnings, falling construction rates and rising expectations that overall gross domestic product (GDP) growth will slow—is...
Posté par Yale LIAO à 11:16 - Commentaires […] - Permalien [#]

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21 mars 2008

Copper prices approach $4/lb as supplies tighten

Spot copper prices remain in the $3.70-$4.00 range as global stockpiles have dropped to the lowest level in six months, spurring speculation supply will trail demand for the year. “Copper looks the tightest market from a fundamental perspective,'' writes...
Posté par Yale LIAO à 11:15 - Commentaires […] - Permalien [#]

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