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Copper: High prices curb near‑term upside – Commerzbank

Commerzbank’s Thu Lan Nguyen highlights that Copper’s supply surplus has widened to about 300,000 tons early this year as production expanded while demand stagnated. February saw a notable demand drop with prices near USD 13,000 per ton.

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Commerzbank’s Thu Lan Nguyen highlights that Copper’s supply surplus has widened to about 300,000 tons early this year as production expanded while demand stagnated. February saw a notable demand drop with prices near USD 13,000 per ton.