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Copper futures chart performance today reflects speculative buying ahead of the quarterly GDP numbers from China. Any upside surprise could accelerate a rally beyond $4.20. Meanwhile, institutions make up 26% of the company’s shareholders. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. Pre-buying ahead of last week’s tariff announcements, which ultimately did not target copper. Copper futures chart trends indicate stronger demand from the EV sector, with smelter order books at multiyear highs. This industrial demand narrative is reinforcing the bullish outlook.
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