iStock_000005075780XSmall FMX|Connect- WWW.FMXConnect.com (Reported on 10/12/2011)

China is buying copper again on price correction

Source: CommodityOnline.com

LME monitored Copper inventories in Asia declined for the 21st session in 22, indicating strong demand for copper from the region, particularly China.

Most price correction in copper has incited fresh Chinese buying this year. Orders for copper have been strong in Asia due to increased Chinese buying.  To read the full article, Click Here.


To view our metals reports and articles on your PDA or mobile device, click here.


-----

About FMX: FMX Connect is an information, data, and analytics portal for Commodities. The portal provides an all-in-one package including essential market data, independent third party research, industry news, and commodity trading tools. FMX Connect provides efficient, effective, and thorough data that bridges all aspects of commodities onto one screen. The Result; A user friendly application for hedge fund traders, OTC brokers, individual investors, and industry participants.

Note: The information presented, while from sources generally believed to be reliable, is not guaranteed and may not be complete. FMX | Connect makes no representations or warranties regarding the correctness of any opinions or information. Past results are not necessarily indicative of future results. Nothing in this report should be construed as a representation to buy or sell shares, futures or options, which contain considerable risks. For internal client distribution only. Any reproduction, re-transmission, or distribution of this report without permission is prohibited. Media correspondents or reporters may not quote any one page or section in its entirety and must attribute all quotes, ideas or concepts herein. Copyright FMX | Connect, ©2009-2010. All rights reserved.