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China's copper stash at record amid Goldman's bearish call

China's copper output jumped almost 16 per cent to 1.2 million tonnes in the first two months of the year, according to data released on March 12 by the National Bureau of Statistics.


COPPER inventories in Shanghai are on the verge of a record amid gains that Goldman Sachs Group Inc sees persisting for the next two years.

Stockpiles held in warehouses monitored by the Shanghai Futures Exchange has more than doubled since the start of the year to 241,616