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Copper surges through $11,000/t

Cash contracts trade at a premium due to market tightness

Kristie Batten
Image: iStock/Gillies Paire

Image: iStock/Gillies Paire

Spot copper jumped 7.2% to a record US$11,299.50 per tonne due to market tightness. By comparison, three-month copper dropped 0.8% to $10,196/t. According to Bloomberg, freely available inventories...

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