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Copper prices to stay volatile at high amid macro uncertainties and weak fundamentals

Source: Mysteel Oct 21, 2025 14:01
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Copper Demand Macroeconomy Price
China's 1# refined copper spot prices stood at Yuan 85,352/tonne on October 20, rising by Yuan 521/tonne day on day, according to Mysteel's assessment. Specifically, spot prices in Shanghai ranged between Yuan 84,920-85,970/tonne, averaging at Yuan 85,400/tonne. The 1# refined copper average spot premium in Shanghai was Yuan 50/tonne, falling by

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