24 Hrs
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الوئام
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Copper hits new peak continues rise
Copper prices have steadily increased, achieving approximately a 16% rise since the beginning of the year, amidst supply shortages and low inventories in the global market. Currently, the price of copper stands at $14,415.50 per ton, near its all-time high, with the gap between spot and futures prices continuing to widen. This surge, driven by significant influxes into the United States and miners struggling to meet demand, reflects pressure on the metal markets and suggests that prices are likely to remain high in the upcoming period.
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