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February 25 copper market news: 1.
According to news, Peter Beaven, chief financial officer of global mining giant BHP Billiton, said that the copper market is expected to maintain an oversupply pattern
until the end of this decade.
Beaven said the surge in investment has boosted supply, so the copper market is not expected to return to equilibrium around 2019
.
According to news, seasonally adjusted data released by the Japan Copper and Brass Association showed that Japan's rolled copper output in January fell 6.
4% year-on-year to 63,203 tons, up 4.
1%
month-on-month.