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Gold/Mining/Energy : Copper - analysis
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To: DaveAu who wrote (1518)12/28/2006 12:01:16 PM
From: DaveAu  Read Replies (1) of 2131
 
Just a reminder of the UBS report that I posted (in the message I'm replying to). It may mean that the Chinese are holding off Cu purchases until 2007:


This means that
imports from Chile are not subject to a 2% tariff but are still subject to a local VAT
rate of 17%. Although some small parcels of metal are entering the country dutyfree
we understand that this policy change is not fully effective until January 2007
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