In MB's Apex leaderboard for the accuracy of analysts copper price predictions for 2012, MBR was placed joint fourth out of more than 20 bank and broker analyst teams, with an accuracy of 99.05%. In the first half of Q1 2013, copper cash prices have averaged $8,102/tonne, which puts the market on course to hit our target of $8,200/tonne for the period, providing the choppy, shallow uptrend can be maintained. Signs of life from Chinese consumers is an important prerequisite for this.
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