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Macro Finance

Copper Market Crunch Brews as US and China Compete for Metal

Bloomberg Markets·August 7, 2026·1 min read

The copper market is tightening rapidly as a surge in shipments to the US and rising orders in China set the stage for a rally that could push global benchmark prices to all-time highs. Supply constraints and competing demand from the world's two largest economies are driving the crunch, analysts said.

Read at Bloomberg Markets
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