China’s Copper Demand to Cool as Buyers Shut for Longer Holiday


The rally has “increased financial costs at copper rod and pipe producers, and reduced their order books,” said Wang Wei, general manager of Shanghai Wooray Metals Group Co., which sells refined metal to the fabricators that shape copper for factories. The Chinese holiday begins next Monday and officially ends on Feb. 23, but the lull in demand will fully take hold this week, he said. 



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