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China Copper Import Premium Hits Highest Since 2014

The Yangshan copper premium, a gauge of Chinese import appetite, reached its highest level in more than 12 years on Thursday amid tight supplies outside the United States.

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The Yangshan copper premium, a closely watched measure of demand for imported metal in China, the world’s top consumer, reached its highest level in more than 12 years on Thursday, with supplies outside the United States remaining tight.