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Chinese demand concerns and trade tensions weigh on copper
Business World Philippines
|June 13, 2025
COPPER PRICES prices fell on Wednesday as a weakening demand outlook in China dominated sentiment while the country's trade talks with the United States did little to ease concern over their tariff disputes.
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Three-month copper on the London Metal Exchange (LME) was down 1.1% at $9,655 a metric ton by 1603 GMT.
US and Chinese officials have failed so far to reassure markets that they are close to a durable resolution to their trade impasse.
"Downside risks to our copper outlook include the trade war dragging on and reduced policy stimulus from China," said ING Commodities Analyst Ewa Manthey.
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