Friday, March 05, 2004
Yahoo! News - Commodities volumes show no sign of slowing: "The increase in commodities trading has coincided with a sharp rise in demand for raw materials due to the first synchronised global economic upturn since the 1980s and the emergence of China as a significant consumer.
The London Metal Exchange, the world's largest non-ferrous metals exchange, reported an 11 per cent rise in futures and options trading in February from the same month last year. In the past week copper, aluminium, tin, lead and zinc have all broken long-term price highs. Last year, the LME reported its most active year in its 126-year history. "
The London Metal Exchange, the world's largest non-ferrous metals exchange, reported an 11 per cent rise in futures and options trading in February from the same month last year. In the past week copper, aluminium, tin, lead and zinc have all broken long-term price highs. Last year, the LME reported its most active year in its 126-year history. "
Labels: Copper
