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Money managers cut wagers on copper rally for a second week

A recovery for the US dollar weighs on demand for commodities as alternative assets

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More than 4.5 million tonnes of additional mine capacity is planned to come online by 2020, and most producers haven't changed their plans to expand even in the face of lower prices, according to an analysis by Bloomberg Intelligence.

New York

IT'S been barely a month since investors first started betting on a copper rally, and they're already on the retreat.

Money managers cut their wagers on price gains for a second week, pulling back just before futures capped the worst slump in a month. Tuesday's attacks in

sentifi.com

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