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Copper Rose As A Weaker Dollar And Declining Exchange Stockpiles Provided Support.

Copper prices experienced a modest increase, settling up by 0.64% at 730.8, driven by a weaker dollar and declining exchange stockpiles. However, concerns persisted regarding the lack of significant policy stimulus from China, the top consumer of copper, which tempered gains. China’s export growth likely slowed in the January-February period, indicating ongoing challenges for manufacturers in attracting overseas buyers. Despite these concerns, copper inventories in LME-registered warehouses continued to decline, reaching a fresh six-month low. 

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