Reuters reported that Jiangxi Copper Company Limited of China plans to cut domestic sales and increase exports of the metal next year to take advantage of strong copper prices on the London Metal Exchange.

Mr Chen Yunian president of trade department at Jiangxi Copper said that the firm had already ramped up exports with 5,000 tonnes to 10,000 tonnes of refined copper cathode per month scheduled since July because of higher LME prices than domestic prices.

Source - Reuters

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