🚹 COPPER SLIPS — BUT SUPPLY RISKS ARE RISING

Copper dipped 0.2% to $14,595/ton, pressured by a stronger dollar and reduced risk appetite ahead of China’s holiday.

📉 But supply concerns are limiting the downside:
‱ Copper is still +9% this quarter
‱ LME cash copper premium hit $107.50/ton — highest since Sept. 1
‱ BHP’s Escondida mine in Chile suspended operations after a fatal accident
‱ Strike risks are emerging at Chile’s Centinela mine
‱ China remains the key metals demand market

đŸ”„ Record-high copper + tightening supply = a market traders are watching closely.

Will copper reclaim $14,875 and push toward new highs? 👀

Trade Here 👉 $COPPER | $HEMI | $USDC
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