Copper Hits $9,000: 5.5% Weekly Surge Amidst Supply Woes
Quick Look Copper prices exceeded $9,000 a ton, reaching an 11-month peak. A weekly surge was observed at 5.5%, highlighting a significant market movement. Supply challenges, including mine closures and output worries, increase prices. Citi predicts more upside for copper, citing demand improvements and market dynamics. Risks include market volatility and the uncertain pace of …
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