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Copper goes onwards and upwards

MACQUARIE has provided a bullish outlook for metal prices, revising upwards its forecasts for 200...

Michael Quinn
Copper goes onwards and upwards

Macquarie is now tipping copper will average $US2.54 per pound in 2006 and $2.36/lb in 2007, the latter a 47.5% increase on the bank’s previous forecast. Macquarie said recent discussions with participants...

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