Study shows that US has enough raw copper to meet domestic demand and can meet 146% of annual demand using raw copper from overseas and domestic mines and from scrap, while China 40% of its demand, according to Benchmark Mineral Intelligence cited by FT

Study shows that US has enough raw copper to meet domestic demand and can meet 146% of annual demand using raw copper from overseas and domestic mines and from scrap, while China 40% of its demand, according to Benchmark Mineral Intelligence cited by FT.

This study suggesting that the U.S. can meet 146% of its annual copper demand has significant implications for the copper market, particularly in terms of supply confidence. In contrast, China's ability to only meet 40% of its demand highlights its vulnerability in the copper supply chain, which may drive demand for U.S. exports and influence pricing dynamics. Overall, this could affect inflation expectations and the broader commodities landscape, especially if demand from China shifts production focus towards alternative sourcing options.