Copper prices may rise to $10,000 a tonne by year-end

Copper prices in the global market are likely to witness an exponential rise and may even hit the USD 10,000 a tonne mark by the end of this year, according to an industry expert.



However, after a brief boom the prices are expected to decline and may even plunge below the $2,000 a tonne level by 2017.



Copper prices had been easing and saw sharp decline and are hovering around USD 5,000-5,500 a tonne.



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Posted in: Indian Market Tips