Copper continues to fall in price, creating problems for producers
Edited by Rhod Mackenzie / 2014-04-07 02:33:25
Copper continues to fall in price on world market, thus creating certain problems for producers of copper with high costs, which have to make a difficult choice between reduction of the production and operating at a loss for the first time for the recent decade, the Financial Times reports.
In March, copper fell in price to 3-year low because of fears of oversupply on the world market with concurrent weakening of the demand in China, which is the world's leading consumer of copper. Finmarket notes.
