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Copper prices have been in an uptrend since the start of the year 2012. Prices once again managed to cross $8000 per tonne on the London Metal Exchange (LME). On an absolute basis, LME Copper prices ending September 2012 were about 9 percent higher when compared to prices ending December 2011. Copper prices defied odds as despite of the constant pinning of the debt problems from the Euro Zone and Slowing Chinese Economy, Copper prices bounced back to trade around $8400 per tonne recently.
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