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Bloomberg

Cheveley: Copper Record High Driven by Technical Details

Friday, August 7, 2026


Copper prices rose to record levels in London trading, with exports to the United States increasing at high volume. George Cheveley, Natural Resources Portfolio Manager at Ninety One, attributed the gains to signs of tighter supply in the global market, according to Bloomberg.

Original reporting: https://www.bloomberg.com/news/videos/2026-08-07/cheveley-copper-record-high-driven-by-technical-details-video

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