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September 01, 2020 1:32pm
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"Continued Deterioration": Goldman Sees "Surplus Market" In Copper, Pushing Prices Lower In "Short-Term"

On Friday, copper futures were seen 15% below their May all-time high, hitting a two-week low. Goldman analyst Adam Gillard suggests that a "surplus market" could pressure prices of the base metal lower in the "short-term."
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