Copper Likely To Hit A Low Patch As China Curbs Use - July 10, 2008

Mumbai: Global copper prices may be subdued until September due to reduced industrial demand from China. Chinese copper demand may come down as the country plans to curb industrial pollution in and around Beijing, where the 2008 Summer Olympics will be held next month. China consumes nearly 25 per cent of world's copper production and therefore demand - supply situation in the country plays a significant role in setting global price trend for the base metal.