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Copper prices hit record highs with potential for further increases

Source: Mysteel Dec 02, 2025 15:10
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Copper Demand Price Supply
As of December 1, copper prices reached record highs under multiple influences. The Shanghai Futures Exchange (SHFE) copper main contract settlement price reached Yuan 88,830/tonne, and the London Metal Exchange (LME) three-month settlement price stood at $11,238/tonne, both hitting historical highs. According to Mysteel, China's 1# refined copper spot prices stood at Yuan

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