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Sunday, 12/12/2010 3:15:13 PM

Sunday, December 12, 2010 3:15:13 PM

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Copper will move from a balanced market this year to shortages of 800,000 tons in both 2011 and 2012 at current prices, Simon Collins, head of refined metals at Trafigura in Lucerne, Switzerland, said in an interview yesterday. That’s even before demand climbs as exchange-traded funds backed by the metal are introduced, he said.

http://www.bloomberg.com/news/2010-12-07/copper-faces-2-year-shortage-peak-over-10-000-trafigura-says.html

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