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China seen jolting market by paring copper stockpile

Move could deal psychological blow to global sentiment buoyed of late by price rebound

Published Fri, Apr 8, 2016 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Hong Kong

    CHINA may be about to shock the global copper market by unleashing some of its stockpiles of the metal, which are near record highs, onto the global market.

    Four traders of copper, including two from state-owned Chinese smelters, said they expect China to raise its copper exports - which are usually tiny - in the next few months.

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