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Copper faces tough future as Asia stockpiles rise

An employee carrying copper hoses at the SPTF metallurgical company in Brazil. The outlook for copper prices is weak.

Hong Kong

COPPER stocks held in London Metal Exchange warehouses in Asia are set to jump by around 50 per cent in the next month, as the metal is shifted out or diverted away from top consumer China, industry sources said.

The rise in warehouse stocks is likely to depress prices in...

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