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The fundamentals in the copper market suggest upward pressure for copper prices for the remainder of 2024. Copper is a versatile metal, which is used in electrical wiring to renewable energy infrastructure. Expectations about more stimulus packages in China and rate cuts in the US are supporting copper prices at the moment. But, the question remains whether copper prices can scale back over $10,000 per ton in the upcoming months. Copper prices around the worldChina, a major market for copper, experienced a mild recovery in its physical market during August. “The copper grade A cathode premium …

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