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Chilean strike threats push copper higher
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Copper prices reached a 15-month high yesterday as strikes threatened production in Chile while rising tensions in Iran helped push crude oil towards the $80-a-barrel mark.
Copper hit $7,285 a tonne with the benchmark London Metal Exchange three-month contract up 3 per cent after closing in London on Christmas Eve at $7,070 a tonne.
Beijing's plan to hike water price by 24.3% okayed in hearing
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A majority of public representatives voted for a proposed water price hike of 24.3 percent at a public hearing in Beijing Wednesday, but they also agreed to phase in rises over the next three years.
Less water may cost more
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The authority says over the past four years it has earnt about 60-million dollars less than it forecast, and the drought's to blame.
It says charges should go up because of a drop in water availability.
Mining sector slumps amid fears of recession
Commodity stocks slumped to fresh lows last night after recessionary fears took root across the London market, sending the FTSE 100 down towards the 4,000-point mark.
Copper falls to 18-month low on bank crisis
Copper hit an 18-month low on Tuesday before trimming losses as recession fears grew after the U.S. Congress voted down a rescue plan for troubled banks.
Business - Copper prices tread water, await US debt deal - INQUIRER.net
SINGAPORE -- Copper prices were steady in London and Shanghai on Friday, after modest overnight gains, but trade was thin as investors awaited the cobbling of a plan to preserve the economy from septic debt.
India copper slides on stocks, dollar weighs- Commodities-Markets-The Economic Times
MUMBAI : Indian copper futures fell on Friday after a huge rise in inventories coupled with demand concerns weighed on investor sentiment, analysts said
Dropping copper price not benefiting copper foil players
Recent weakening copper prices does not necessarily mean that copper foil makers will have a potential price revision in the following months, as electricity costs are going to rise in October, said industry players.
reportonbusiness.com: Nickel hits two-year low on weak demand
LONDON — Nickel hit a two-year low Friday as worries about
demand from stainless steel mills mounted, while copper managed to end in
positive territory despite growing fears of a global economic slowdown.
Rio Tinto sees copper price surging to fresh peaks | Reuters
LONDON (Reuters) - Copper prices could hit fresh record highs this year as the Chinese economy continues to expand despite a slowdown in the United States, the chief economist of miner Rio Tinto (RIO.L: Quote, Profile, Research) said on Thursday.
Khaleej Times Online - Copper slips on weak demand prospects
LONDON - Copper prices fell on Wednesday as investors retreated on fears about global economic growth and lower demand from China and the United States, the world's top two consumers.
BBC NEWS | Business | Steel price blow to cheap cars
The future of Tata's forthcoming Nano - the cheapest car in the world - could be jeopardised by rising steel prices.
China steel exports rebound on widening domestic, world markets price gap - People's Daily Online
China exported 4.16 million tons of steel in March, an increase of 1.05 million tons from February, spurred by the widening price gap between the domestic and international markets.
http://epp.eurostat.ec.europa.eu/portal/page?_pageid=1073,46587259&_dad=portal&_schema=PORTAL&p_product_code=KS-SF-07-093
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This publication analyses the first results received by Eurostat pertaining to
services producer price indices. Prices indices can be used as deflators, and as
such they are compared with alternative price measures. For a number of selected
activities, the volume measures derived from the deflation of services turnover
with these price indices are compared with available data on the volume
development.
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