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Copper emerges as star performer-Scotiabank Commodity Price Index
By Mineweb · February 1, 2012 · 3:52 am · Leave a Comment
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By Dorothy Kosich
In her latest edition of the Scotiabank Commodity Price Index, economist Patricia Mohr noted base metals rallied strongly in January, with copper as the star performer.
Chinese imports of copper surged to a record high in December helping prompt hedge funds to switch to a net long position in copper, after shorting the market last September, Mohr observed.
