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We expect miners to continue to cut capex, which raises concerns over their longer term profitability, that's why we think we're nearing the floor in copper... as the cuts in capex will lead to a constriction on supply. Markets have also priced in a big contraction in Chinese consumption, which the data is not supporting.

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Reuters 8 years ago

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    "James Butterfill Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 28 Mar. 2024. <https://www.quotes.net/citizen-quote/142163>.

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