Market Concerns over Copper Supply Eased amid Subsiding Impact of Power Rationing and Increased Customs Clearance

Published: Aug 26, 2022 10:38

Source: SMM

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SHANGHAI, Aug 26 (SMM) - With the summer heat in east China gradually cooling off, copper smelters in east and central China who slashed their output earlier due to power rationing are now gradually resuming their production. This, coupled with increased inflows of imported copper, has eased market concerns about tightening copper supply in the spot market.

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