The recovery in copper prices from six-year lows has been driven by stocks of refined metal flowing into China and a string of mine closures that promise to tighten the market over the next couple of years.
Copper plummeted to its lowest level since the financial crisis in August, falling below $5,000 a tonne on concerns about slowing growth in China, the world’s biggest consumer of the commodity. The metal is seen by many as a barometer of global growth prospects.
But the price jumped more than 5 per cent last week after Glencore
您已阅读24%（534字），剩余76%（1710字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。