Notice Copper equipment manufacture in China 2015
By maggie
@ruixue92 (278)
Shanghai, China
March 16, 2015 10:37pm CST
In recent days, GoldmanSachs announced they predicted the Copper prices would fall in next year. They said it resulted from the dollar. The dollar will be rising continuously and it cause the international oil price is falling. So the copper equipment manufacture cost will decline.
Now GoldmanSachs has already set the Copper price in 2015 at 6217 USD/T and they considered the lowest price is 5600 USD/T. At the same time, if China stop importing Copper, the price will go falling continuously. customized copper casting machine
GoldmanSachs stressed the rising dollar decreases the marginal cost of copper production and 83% copper production cost is based on the local currency price. So the copper production cost will fall further due to the lower energy price and the human cost in 6-12 months. customized graphite mould
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