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Copper supply shortages will extend into the first half of next year, Barclays estimates, as an...
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Thursday, November 29, 2012, 9:36 AM ETCopper supply shortages will extend into the first half of next year, Barclays estimates, as an accelerating Chinese economy more than doubles the pace of growth in global consumption. Demand will outpace supply by 316K metric tons in H1, more than all copper in London Metal Exchange warehouses, before a surplus emerges in H2.
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Does this mean the copper pipes in my buildings will be ripped off yet again?
>>Does this mean the copper pipes in my buildings will be ripped off yet again? <<
Distinct possibility!
Why, you may ask:
1) They have a very nice dividend.
2) They are profitable with copper above $3.
3) Most of their production is in relatively secure countries.