COPPER BREACHED $14,000 A TON LAST WEEK — ITS HIGHEST ON RECORD OUTSIDE AN UNUSUAL JANUARY SPIKE — ON A FLOOD OF METAL INTO THE U.S.

AHEAD OF A TARIFF DECISION AND RISING CHINESE ORDERS, THOUGH LME COPPER SETTLED 0.2% LOWER AT $14,132 A TON WITH STOCKPILES FALLING FOR A 40TH STRAIGHT DAY, THE LONGEST RUN SINCE 2014.

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