Copper market’s biggest whale fuels speculation of a major shift
The world’s single biggest buyer of copper, State Grid Corp. of China, has slowed its purchases of copper wire this year.
* Firm says production over 4,000 T/day in Oct * Normal output is 6,300 T/day – union * Freeport to ship nearly 70,000 T concentrate this wk * Union says may slash pay demand, but no new talks By Samuel Wanda and Rieka Rahadiana TIMIKA, Indonesia, Oct 12…