Trend: Rate cuts, low stock to aid copper prices but China demand key
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TREND

Rate cuts, low stock to aid copper prices but China demand key

Expectations of a rate cut by the US Federal Reserve, the rate cut announced by the European Central Bank Thursday, and a drop in inventories are expected to drive copper prices higher by 4% over the next month, according to analysts. However, experts believe a sustained rally beyond October is only possible if the economic situation in China improves.

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