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Copper futures back to reach its peak in Sep in China

Source: Mysteel Jul 21, 2023 16:54
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Copper Import/Export Price Supply
SHFE (Shanghai Futures Exchange) copper front-month contracts have consistently maintained a big back structure in recent years. The futures back reached a maximum of Yuan 1,400/tonne in the second half of 2022 and expanded again to nearly Yuan 600/tonne in the second quarter of 2023, but narrowed to about Yuan 200/tonne recently. Market

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