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Domestic demand is difficult to grow, focus on overseas demand
Date: 26/04/2024

Domestic demand is weak and it is difficult to see growth, so the copper billet market will look to overseas demand. According to the valve export data, although the total export volume in 2023 decreased, it was still at a high level overall. We should pay attention to the demand growth in countries in Southeast Asia and the Belt and Road Initiative. In addition, the export of new energy vehicles remains strong. Although the growth rate has slowed down, it is still in the positive range

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