COPPER: CONSOLIDATE STRATEGY BUY ON DIPR2-418 R1-412 S1-404 S2-398
Copper recovered from lows to settle flat as investors cheered better than expected manufacturing data out of China.
The ICSG estimates that from Jan to Feb, world copper markets have moved from a surplus of 105kt in 2013 to a deficit of 128kt in 2014.
In euro zone, data showed that manufacturing activity in the single currency bloc expanded at the slowest rate in six months in May.
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