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No end in sight for copper demand

Copper has become the consensus “bull call” - in three months the base metal has climbed 25.3 per cent and is beginning to challenge its record high touched in 2008.

Justin Bailey
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Copper has become the consensus “bull call" - in three months the base metal has climbed 25.3 per cent and is beginning to challenge its record high touched in 2008.

The question about how high copper will go appears to have been answered. Both Macquarie Group and Goldman Sachs are predicting copper prices to soar as miners rush to keep up with demand.

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    Original URL: https://www.afr.com/companies/mining/no-end-in-sight-for-copper-demand-20100930-ius9u