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Copper rises 0% to $13,541/ton amid China supply constraints, US-Iran tensions

What happened

Copper prices have increased by 0.4% to reach $13,541 per metric ton, driven by tight supply conditions in China. The structural concentrate deficit in the country, exacerbated by disruptions at major mines like Grasberg and Kamoa-Kakula, has led to a scenario where smelters.

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