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The real reason for copper's record-shattering rally, according to one trading firm

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The real reason for copper's record-shattering rally, according to one trading firm


None Copper's rise to more than $11,000 a ton isn't supported by fundamentals, according to trading firm Trafigura. • None The firm says the metal's supply-demand imbalance isn't a new dynamic. • None It argues instead that prices began surging once markets grew convinced the Fed would cut rates.…

#nonecopper #trafigura #saadrahim #federalreserve #jeffcurrie

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