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Copper prices to climb further this week
Apr 26,2021 14:46CST
SMM Insight
Source:SMM
The SHFE/LME copper price ratio fell to a three-year low last week as LME copper outperformed SHFE copper prices, expanding import losses. Some smelters have begun to export as export profit occurred. With increased reverse arbitrage operations and exports, SHFE copper prices are expected to strengthen this week.
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