CITIC Securities has released a research report indicating that copper prices are expected to continue rising, potentially reaching $15,000 per ton within the year due to factors like declining inventory and supply disruptions. The report suggests that the copper sector is in the early stages of valuation repair, driven by price increase expectations and improved market sentiment. Separately, Brazil's Ministry of Finance announced an extension of its gasoline subsidy due to rising international oil prices, funded by increased government revenue from oil price hikes. AI
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