China Will Weigh Heavily on the Allure of Copper
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China's consumption is expected to significantly influence copper prices due to geopolitical and economic factors. The demand from China will be a key determinant in the direction of copper prices.
November 20, 2024 | 12:45 am
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The ETF COPJ, which is related to copper, may experience price fluctuations due to China's significant influence on copper demand and prices.
COPJ is an ETF related to copper, and since China's consumption is a major factor in copper pricing, any changes in China's demand could affect the ETF's performance. However, the article does not specify immediate changes, leading to a neutral short-term impact.
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