Copper: Supply risks grow despite strong US imports – Commerzbank
Commerzbank’s commodity team highlights disappointing Chilean Copper output, leaving third‑quarter production at a two‑decade low. Cochilco now forecasts an 8.4% slump in 2026 output and only a modest 3% recovery in 2027. Strong US import demand offers support, but Copper prices have still fallen below USD 14,000 per ton amid broader risk aversion and tech‑stock selling.
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