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Copper Prices Surge Amid Supply Concerns
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Overview
API
Copper prices rise due to supply concerns, countering expectations of U.S. Federal Reserve rate cuts. The dollar index dips, making it less expensive to buy copper. LME aluminium, zinc, nickel, tin, and lead prices remain stable or slightly increased, while Shanghai Futures Exchange sees declines in aluminium, nickel, tin, and zinc.
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How do the fluctuations in copper prices affect related industries like manufacturing and construction?
How might the tightening supply and growing deficit from 2025 to 2027 impact the global copper market?
What are the potential implications of the dollar index dipping on other commodities and currencies?
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