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Mineweb reported that the copper market may be subject to more tightening ahead, as Chinese demand is looking to pick up, while global stockpiles are shrinking.
Mineweb reported that the copper market may be subject to more tightening ahead, as Chinese demand is looking to pick up, while global stockpiles are shrinking.
As quoted in the market report:
Taken together, the supply disruptions, rising Chinese imports amid falling inventories and lower treatment and refining charges suggest that copper prices should be biased higher over the next few months.
