Likely to rise in the wake of stable demand and tighter supply outlook

Mine supply disruption among the world’s largest producers (Chile and Peru), flooding in some producing regions (Peru) and government intervention to restrict exports (Indonesia) all combined to push up copper prices more than 10 per cent in the last quarter of 2016 and the first quarter this year.Following the end of disruptions, from a high of $6,500 a tonne, copper prices have eased from April,...

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