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China’s Low Inventory of Copper Contradicts Global Reality

Copper prices have fallen for the past several months amid a global energy crisis, worsening cost of living crisis and increasing geopolitical tension. Because copper’s performance is traditionally associated with broader economic metrics, reducing copper prices have increased fears of a global economic slowdown.

Prices for the red metal have trended downward partly due to reduced demand, particularly from major copper importer China, and…

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