11. Another reason why interest rate cuts may be delayed is the strength of copper prices, said James Meyrick, head of research at Deutsche Morgan Grenfell. 12. Any prolonged disruption in copper production at Escondida often sends world copper prices higher. 13. As a result, European copper prices are now higher than they are in the U.S. for the first time in months, he said. 14. As the copper price fell, so did the shares of some copper producers. 15. As the copper price has fallen, so have the shares of some of the major copper producers. 16. At the same time, the recent rally in copper prices means that the Chilean peso is likely to strengthen this year, boosting returns for foreign investors. 17. Back when smallpox and a plunge in copper prices could make a tough town cower. 18. Between May and June, copper prices fell by a third. 19. Boliden, he said, also considered the possibility that zinc and copper prices will improve in the long-term. 20. A decline in copper prices has led to significant cutbacks in the industry around the world. |