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Copper: Tight market near record highs – ING

ING's commodities strategists Warren Patterson and Ewa Manthey highlights that Copper is trading above $14,000/t and close to record highs as supply-side risks dominate. They stress tight refined markets, low inventories outside the US, and heightened sensitivity to demand.

COPPER
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ING's commodities strategists Warren Patterson and Ewa Manthey highlights that Copper is trading above $14,000/t and close to record highs as supply-side risks dominate. They stress tight refined markets, low inventories outside the US, and heightened sensitivity to demand.