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Industrial metals enjoyed January's risk rally, with the basket of futures trading on the LME...

Industrial metals enjoyed January's risk rally, with the basket of futures trading on the LME rising 10.9%, led by tin (JJT), up 26.5%. Looking to sink below $3/lb. 3-4 months ago, copper (JJC) has rallied all the way back to $3.84, and resurfaced bullish talk that there's just not enough of the metal being mined.
Comments (1)
  • Stone Fox Capital
    , contributor
    Comments (6890) | Send Message
     
    LME inventories have plunged all month. Now done to 2 yr lows.
    1 Feb 2012, 03:55 PM Reply Like
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