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Key China Copper Gauge Rallies to $100 After Tax Crackdown

A closely-watched gauge of China’s copper market has risen to the highest in more than a year, as a tax shake-up in the metal’s biggest market spurs a shortage of scrap and boosts demand for imports.

July 20, 2026 World

A closely-watched gauge of China’s copper market has risen to the highest in more than a year, as a tax shake-up in the metal’s biggest market spurs a shortage of scrap and boosts demand for imports.

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