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ANZ Bank: Tech Stocks Rise and Supply Concerns Boost Copper Prices
1 day ago /
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Author：小编
Copper prices rose during early Asian trading on October 6. ANZ Bank research analysts noted that the base metals sector was supported by gains in U.S. tech stocks and supply concerns. Given the significant demand for copper in data centers and power infrastructure, copper has become one of the main beneficiaries of the artificial intelligence investment boom. Meanwhile, supply-side issues persist, such as the decline in Chile's copper production in August.
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