reason for selling, page-3

After a short back setter few commercial days ago copper found the way back fast again to the old strength and the 8,000 USD mark back-conquered. We count on the fact that the 52-Wochenhoch will fall with 8.721 USD in the next commercial days. The extremely high demand from China will provide for a further shortage of the offer quantity available on the world market. However in September the imported goods from the realm of the center in the comparison added to the previous year by 24 per cent. Thus analyst expectations were clearly struck. The imports of copper and copper products were in the first nine months of the yearly about 2,13 million tons and moved thereby by 41 per cent over the previous year level. China will ensure also in the coming months that copper remains a scarce industrial metal. If the demand should grow further in this speed, copper might reach medium-term the mark of 9.000 USD.