China to expand copper inventories with strategic national plan

3rd February, 2026

Karry Lai
Copper mine

The move is expected to push up copper concentrate prices as Chinese refiners secure more supply for refining.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP

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