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Finance
Finance· Commodities

Copper's Longest Rally Since 1994 Collides With a Shrinking Supply Chain

Copper prices have achieved their longest winning streak since 1994, with London Metal Exchange prices near $14,300 per ton and Comex reaching fresh all-time highs, driven by a dramatically shrinking supply chain. Inventory declines have reached their most severe levels in over a decade, while mine production from major sources like Indonesia's Freeport and Chile has fallen sharply due to operational disruptions and structural challenges.

about 17 hours ago

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