In the first half of 2011, copper prices may increase to 11 thousand dollars per ton. This opinion was expressed by technical analysts to Samsung Securities, tells Bloomberg. On the eve of the copper price in London set a new record. During yesterday's trading on the London Metal Exchange copper price with delivery in three months rose by 0.9% and reached U.S. $ 9,466 / ton. According to analysts JP Morgan, demand for copper in 2010 will grow by 9%. In addition, they believe that the extraction of the metal in the world this year will rise by 1.8%. Macquarie Bank experts recently declared that the world market in 2011 will be observed copper deficiency in the amount of 550 thousand tons. Morgan Stanley experts also believe that this year the world will be observed copper deficiency. In this case, Morgan Stanley predicted that in 2010 the world demand for copper may exceed production by 183 thousand tons, and in 2011 - to 106 thousand tons. Ministry of Industry
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