Category: Uncategorized
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Copper bulls are back in charge
CME copper longs hit two-year high, driven by AI demand. Mine disruptions tighten supply, while LME stocks fall. Metal Intelligence centre: According to the latest CME COT report, copper’s long positions rose to a two-year high. A total of 10,897 lots were added in July alone, the highest monthly increase since September 2024. The return of…