higher cu demand data, allows cu fee increase, page-4

Copper prices ticking up.
Copper Price 3.20 USD/lb (7,066 USD/t | 5,223 EUR/t) 22 Nov 2013 - 52 Week Low 3.01 USD/lb 52 Week High 3.74 USD/lb

Extract from the Outsider Club:-

November 26th, 2013

The United States Geological Survey has said the global copper demand outstripped supply by 400,000 tons in 2012.

This has begun to turn copper prices around, which had been skidding since reaching an all-time high in 2013...

China alone consumes 35% of the world's copper. That figure is expected to rise to 50% by 2020 as hundreds of millions more people migrate from the country to cities, bolstering the need for infrastructure. And prices are expected to rise as a result. Some forecasts expect a 50% gain in copper prices over the next few years.

And that's not all...

Aging mines, lower grades in new discoveries, and labor strikes are serving to keep supply low while demand grows.