Copper at Risk of Pullback as Buying in China Stalls After Rally
Copper’s powerful rally close to $10,000 a ton is facing a test as buyers in China, the world’s biggest market, balk at prices near their highest in two years.
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Copper’s powerful rally close to $10,000 a ton is facing a test as buyers in China, the world’s biggest market, balk at prices near their highest in two years.
Copper prices have surged due to increased demand from electric vehicles, AI, and power infrastructure. Analysts predict a supply deficit and potential for even higher prices.
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