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Market Impact: 0.2

Copper at Risk of Rare Supply Decline as Mine Setbacks Mount

Source: Bloomberg

Commodities & Raw MaterialsTrade Policy & Supply ChainEnergy Markets & Prices

Copper is making fresh records over the past year, supported largely by tariff-driven trade flows. Investors are positioning for further upside on the expectation that mine supply will flatten, tightening the market even more. Net effect: a bullish price outlook backed by supply constraints and trade-flow dynamics.

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