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JP Morgan sees copper prices at $11,000/mt in 2026, 10% tariffs by late 3Q25

Reuters
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82% Informative

JP Morgan expects global deficit in refined copper to grow to 160,000 metric tons in 2026 .

Bank also forecast China 's demand growth would slow from 4% last year to 2.5% this year .

London copper rose on Monday , supported by a weaker dollar and improving manufacturing activity in top metals consumer China .

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93

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99

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formal

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English

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60

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short-lived

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