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Heightened risks remain as China's copper prices approach potential adjustments

Source: Mysteel Jan 07, 2026 16:28
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Copper Demand Industry Price
Supported by expectations of persistently tight copper concentrate supply, rising precious metal prices, and increasingly bullish market sentiment, copper prices have surged sharply since December 2025, repeatedly hitting new record highs. As of January 6, 2026, the Shanghai Futures Exchange (SHFE) copper main contract settlement price reached Yuan 103,300/tonne, surging

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