Wednesday, August 12, 2009

Chinese Nonferrous Metals Futures to Continue Uptrend - MOFCOM Economist

SHANGHAI, Aug. 7 -- The uptrend of nonferrous metals futures contracts on both international and domestic markets is expected to continue over the next few years as investors hedge against the prospect of a depreciating U.S. dollar, an economist with China's Ministry of Commerce (MOFCOM) told Interfax on Aug. 6.

(Source: INTERFAX-CHINA)

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