The copper market continues to feel the heat for the sustained weakness in global economies. The scenario of declining demand from the major consuming countries, increasing strength of dollar and below par performance of major global economies of China, US and European Union continue to ascertain the fact that this lull phase of the copper industry is likely to continue for a much longer period than being expected by major participants. To analyse the above situation in depth we need to assess the current demand and supply situation, latest development in major economies and situation in the currency market.
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