Copper Rises in Early Asian Trading on Tightening Supply
ANZ analysts cite Chile’s lowest copper output in 23 years as support. Chile’s finance minister expects output to fall 7% this year.
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Copper rises in early Asian trade on tight inventories
Copper prices are higher in early Asian trading, supported by strong fundamentals and tightening inventories. ANZ analysts cite mounting supply-side issues in recent months, with Chile shipments reportedly lower.