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Bullish copper bets go wrong as hedge funds ignore warnings

Money managers saw the value of the metal plunge last week, halting the longest rally in a decade

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Published Tue, Sep 12, 2017 · 09:50 PM

    Washington

    Hedge funds ignored the warnings about the red-hot copper market, and it may have cost them.

    After amassing their largest holdings ever, money managers saw the value of the metal plunge last week, halting the longest rally in a decade.

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