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Haykakan Zhamanak: New blow to Armenia's economy?
12:16 * 29.11.14
The recently observed slump in the prices of copper appears to be a
new challenge to Armenia's economy, according to the paper.
On London's Stock Exchange, the metal's per ton price on Saturday
plummeted to $6,313, the lowest ever record in the past 4.5 years,
says the paper, noting that copper counts for the major part of
Armenia's colored metal exports.
"Judging by the recent trends in the prices of colored metals, the
international market is not likely to see an essential increase in the
prices of copper. And that means that no flow of 'copper dollars is
expected in Armenia in the near future," comments the paper.
Armenian News - Tert.am
12:16 * 29.11.14
The recently observed slump in the prices of copper appears to be a
new challenge to Armenia's economy, according to the paper.
On London's Stock Exchange, the metal's per ton price on Saturday
plummeted to $6,313, the lowest ever record in the past 4.5 years,
says the paper, noting that copper counts for the major part of
Armenia's colored metal exports.
"Judging by the recent trends in the prices of colored metals, the
international market is not likely to see an essential increase in the
prices of copper. And that means that no flow of 'copper dollars is
expected in Armenia in the near future," comments the paper.
Armenian News - Tert.am