Chinese Copper Plants Buy the Dip After Weeks Out of Market

Chinese copper fabricators and manufacturers are buying the dip to replenish stocks ahead of this month’s holiday, after a price surge driven by speculative trading in Shanghai kept them away...

By Julian Luk · Bloomberg Markets

Chinese copper fabricators and manufacturers are buying the dip to replenish stocks ahead of this month’s holiday, after a price surge driven by speculative trading in Shanghai kept them away from real-world purchases for weeks.