NEW YORK ( TheStreet) -- Copper's rally may be short-lived as the macro picture with regards to the eurozone crisis and China's tightening measures becomes more prominent. Moreover, China's dependence on Europe for exports may turn out to be a negative for the country.Another factor that may play a spoilsport for copper prices is China's Property Index. According to Bloomberg, there is a high degree of correlation between the Chinese property market and copper prices, as the country accounts for 27% of world copper demand.
Copper Rally May Not Last
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